We explore the link between personal and functional income distribution at the mi- cro level. We focus on the European experience over the crisis, comparing European households’ incomes in 2007, 2012 and 2014. Throughout the period, most households earned income from more than one source, and a positive relation exists between both the capital and labour shares of incomes and total household incomes. We find that functional distribution, i.e. what kind of income a household earns, significantly affects both its position in the income distribution and its chances of mobility within it, and such impact is magnified by the crisis. However, the geography of European house- holds’ incomes is much more complex than frequently suggested. In general, the more households depend on labour incomes the more likely they were to move downwards in the income distribution. However, this does not imply that capital incomes made households more likely to move upwards.

Gender, class and the crisis / Corsi, Marcella; D'Ippoliti, Carlo; Cirillo, Valeria. - STAMPA. - (2016), pp. 47-71.

Gender, class and the crisis

Marcella Corsi;Carlo D'Ippoliti;Valeria Cirillo
2016

Abstract

We explore the link between personal and functional income distribution at the mi- cro level. We focus on the European experience over the crisis, comparing European households’ incomes in 2007, 2012 and 2014. Throughout the period, most households earned income from more than one source, and a positive relation exists between both the capital and labour shares of incomes and total household incomes. We find that functional distribution, i.e. what kind of income a household earns, significantly affects both its position in the income distribution and its chances of mobility within it, and such impact is magnified by the crisis. However, the geography of European house- holds’ incomes is much more complex than frequently suggested. In general, the more households depend on labour incomes the more likely they were to move downwards in the income distribution. However, this does not imply that capital incomes made households more likely to move upwards.
2016
Varieties of Economic Inequality
9781138928015
gender; class; crisis
02 Pubblicazione su volume::02a Capitolo o Articolo
Gender, class and the crisis / Corsi, Marcella; D'Ippoliti, Carlo; Cirillo, Valeria. - STAMPA. - (2016), pp. 47-71.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/912716
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