The Impact of Macro-economic Growth on the Income Distribution in Ireland
نویسنده
چکیده
The Republic of Ireland has been the fastest growing economy in the OECD over the latter half of the 1990’s, an expansion known as the Celtic Tiger. Some commentators have commented on the gains from the boom being concentrated amongst the top of the income distribution. In this paper we shall try to understand what has happened to inequality over the period 1987-2004 and to understand the determinants of the changes in inequality. Jenkins (1995) in studying the impact of changes of inequality in the UK outlines a number of potential causes for the change in income inequality including in the following: • Age Distribution • Household Composition • Employment Structure • Industrial Structure • Unemployment • Business Cycle • Tax-Benefit Changes • Earnings Inequality • Income from Capital
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