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Analyzing Household Income Inequality: A Subgroup Decomposition Of Generalized Entropy Measures, Jazib Mumtaz, Sayed Irshad Hussain Nov 2023

Analyzing Household Income Inequality: A Subgroup Decomposition Of Generalized Entropy Measures, Jazib Mumtaz, Sayed Irshad Hussain

CBER Conference

The study proves that education level, nature of employment, asset ownership, and gender contribute significantly to income inequality. The study further indicates that changes in income distribution for the bottom of the population through paid employment, female income, and asset ownership could impact income inequality. The study's results can be used to assess policy impact on social welfare and help policymakers design targeted interventions, develop efficient taxation, and create a sustainable model for inclusive growth.