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Statistical Inference and Changes in Income Inequality in Australia

Economic Record (2003), 79 (247), pp. 412-424.

 

George Athanasopoulos and Farshid Vahid

Department of Econometrics and Business Statistics, Monash University, VIC 3800, Australia.

Abstract

This paper studies the changes in income inequality in Australia between 1986 and 1999, using the Gini coefficient and Theil's inequality measure. Individuals are divided into various subgroups along several dimensions, namely region of residence, employment status, occupation and age. The change in inequality over time, between and within these subgroups is studied, and the bootstrap method is used to establish whether these changes are \emph{statistically significant

 

Keywords:Income Inequality, Gini Coefficient, Theil Inequality Measure, Bootstrap.

Online article (149KB)