Abstract
The aim of this paper is, first, to find out the income sources of the improvement in income inequality in the reform period between 2002 and 2007. s, we aim to assess the distributional impacts of macroeconomic policies over the 2002–2007 reform period by examining the contributions of different income groups to overall inequality. Income data obtained from the Household Budget Surveys of TurkStat covering the 2002–2013 period are used. The results show that there have been significant improvements in the income distribution after 2002. The extent of this improvement seems to have been higher during the 2002–2007 reform period than for the rest of the period after 2007. Entrepreneurial and financial income groups were the most distinctive for this improvement. The results also indicate that the contribution of transfer payments was very small, but surprisingly positive in both the 2002–2007 and 2007–2009 periods, and expectedly negative in the 2009–2013 period.
| Original language | English |
|---|---|
| Article number | 100778 |
| Journal | Economic Systems |
| Volume | 45 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - Mar 2021 |
Bibliographical note
Publisher Copyright:© 2020
Funding
The authors gratefully acknowledge comments on the earlier versions of the paper by Saime Kayam, Seyfettin Gürsel, Haluk Levent and the participants of the Economic Research Forum (ERF) 22nd Annual Conference in March 19-21, 2016 in Cairo, Egypt. We are also pleased to note that this research was sponsored by the ERF , and has benefited from both financial and intellectual support. Nevertheless, the contents and recommendations do not necessarily reflect the ERF’s views. The authors accept sole responsibility for any remaining errors.
| Funders | Funder number |
|---|---|
| European Refugee Fund |
Keywords
- Economic reform
- Income distribution
- Shorrocks & Jenkins decomposition
- Turkey
