ECON 241 Lecture Notes - Lecture 10: Basic Income
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Total income gini ( transfers/tax) 0. 33 0. 36 0. 354. Inequality much more significant in large, urban centres than rural areas. Concentration of wealth in cities higher and poorer a low income sector slightly smaller. 2014 calgary, to get in to 1%, the fresh hold is . Compare private gini (mkt income), with disposable gini (after tax) To try determine the extent of fiscal redistribution. Pension is most important for sweden and ui is second most for france. Relative shares of taxes and transfers in fiscal redistribution. Most effective in inequality decrease are those most reliant on transfers. Least effective also more reliant in transfers than taxes, but significantly less so. 3) over much of the period, the real minimum wage decrease. 4) nsw increase, more need minimum wage. 6) deregulation, off showing, outsourcing, tech changeable. >>>> income based approach v. s human story if income- based, how define f,c,s. All affects how perceive poverty as problem and how define target and pop.