Bootstrapping Inequality of Opportunity in Europe. Are changes significant?
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Universidad de Oviedo
info
ISSN: 0926-6437, 1874-6322
Año de publicación: 2018
Volumen: 27
Número: 3-4
Páginas: 159-197
Tipo: Artículo
Otras publicaciones en: Journal of Income Distribution
Resumen
The aim of this article is to shed some light on the behaviour of incomeinequality and inequality of opportunity over time for 26 Europeancountries. The analysis is carried out using microdata collected by theEuropean Union Statistics on Income and Living Conditions (EU-SILC),which incorporate a wide variety of personal harmonised variables, allowingcomparability between countries. The availability of this database for theyears 2004 and 2010 is particularly relevant to assess changes over time inthe main inequality indices and the contribution of “circumstance” toinequality of opportunity. Bootstrap methodology is used with the aim oftesting if the differences between the two years are statistically significant.Results show that observed changes in inequality of opportunity and incomeinequality are in most cases significant and also prove the robustness of thebootstrap methods to analyse the evolution of income inequality andinequality of opportunity.