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What is Income Inequality

Global Campaigning Initiatives for Socio-Economic Development
Uneven distribution of revenue flows (salaries, interest on savings, dividends, rents, and profits) across families of the same generation.
Published in Chapter:
Educational Choices, Family Background, and Social Mobility: Education and Social Mobility
Maria da Conceição Rego (Universidade de Évora, Portugal), Carlos Vieira (Universidade de Évora, Portugal), and Isabel Vieira (Universidade de Évora, Portugal)
Copyright: © 2019 |Pages: 19
DOI: 10.4018/978-1-5225-7937-3.ch008
Abstract
Education is generally considered a valuable tool to improve individual socio-economic status. In European peripheral countries, up to the late 1970s, only a small elite had access to higher education and such privilege guaranteed a comfortable socio-economic position, not only via the job market, but also by allowing the sustainability of pre-existing social links. From then on, democratization of access to higher education should have prompted a decrease in social and economic inequalities within and across countries. However, current data still reflects that, despite gained access to social uplifting tools, individuals from less favored backgrounds appear to not have been able to close the various gaps separating them from the more privileged ones. In this chapter, the authors analyze recent data to characterize higher education attendance in Portugal, highlighting some factors that may still block the socio-economic improvement of the less favored students and suggesting policy measures to overcome them.
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Globalization, Financial Development and Income Inequality
The degree of inequality in the division of income generated in an economy.
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Military Expenditures and Income Inequality: Empirical Evidence From North American Countries
Income inequality is the proof that a country’s income is distributed unequally and inequitably by the individuals in that country.
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Financial Inclusion Literature Review: Definition, Measurement, and Challenges
Income inequality regards how unevenly income is distributed throughout a population. If the distribution is not equal, the income inequality growth. Income inequality is often associated to the wealth inequality, which is the uneven distribution of wealth.
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Lorenz Curve, Gini Coefficient and the Income Inequality in Turkey in the Last 13 Years
One of the most important measures to be taken to decrease the income inequality is to attain fairness and justice through reconstruction of tax system
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Inequality in Pay Ranks Among Factors Impacting Job Satisfaction Among Female Physicians
The gap between the wealth of one population segment in comparison to another.
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