Please use this identifier to cite or link to this item:
Koutsampelas, Christos
Tsakloglou, Panos
Year of Publication: 
Series/Report no.: 
Discussion Paper series, Forschungsinstitut zur Zukunft der Arbeit 6396
Non-cash incomes from either private or public sources can have substantial effects on the distribution of economic welfare. However, standard approaches to inequality measurement either neglect them or take into account only selected non-monetary items. Using data for Greece in the mid 2000s we show that it is possible to incorporate a comprehensive list of non-monetary components into the analysis of income inequality. The results indicate that inequality declines sharply when we move from the distribution of disposable monetary income to the distribution of full income, that includes both cash and non-cash incomes. Both private and public non-cash incomes are far more equally distributed than monetary income, but the inequality-reducing effect of publicly provided in-kind services is stronger. The structure of inequality changes when non-cash incomes are included in the concept of resources, but the effects are not dramatic. Non-cash incomes appear to accrue more heavily to younger and older individuals, thus reducing differences across age groups.
income distribution
imputed rent
in-kind public transfers
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
525.58 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.