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Income Inequality in Israel: A Distinctive Evolution

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

9 Scopus citations

Abstract

The level of disposable income inequality in Israel has increased noticeably since the mid-1980s, and today it is above most developed countries. In contrast, market income inequality, which hit a record level in 2002, has reversed its course since then and has shown a sharp decline in subsequent years, and it is now below the OECD average. This chapter offers tentative explanations for the inverted U-shape evolution of market income inequality in Israel in the last twenty-five years, which is distinctive in view of most developed countries? experience. In addition, this chapter addresses the unique combination of income inequality in Israel which has one of the highest levels of disposable income inequality but is ranked below the OECD average measure of market income inequality.

Original languageEnglish
Title of host publicationThe Israeli Economy, 1995-2017
Subtitle of host publicationLight and Shadow in a Market Economy
PublisherCambridge University Press
Pages362-396
Number of pages35
ISBN (Electronic)9781108907620
ISBN (Print)9781108830461
DOIs
StatePublished - 1 Jan 2021

Bibliographical note

Publisher Copyright:
© Cambridge University Press 2021.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 1 - No Poverty
    SDG 1 No Poverty
  2. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  3. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities

Keywords

  • Income Inequality
  • SBTC
  • labor market institutions
  • redistribution policy
  • social security
  • taxes
  • unemployment

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