{"id":7720,"date":"2024-02-15T19:12:09","date_gmt":"2024-02-15T17:12:09","guid":{"rendered":"http:\/\/anale.steconomiceuoradea.ro\/en\/?p=7720"},"modified":"2024-02-15T19:12:09","modified_gmt":"2024-02-15T17:12:09","slug":"the-labour-share-in-households-income-inequality-in-romania","status":"publish","type":"post","link":"https:\/\/anale.steconomiceuoradea.ro\/en\/2024\/02\/15\/the-labour-share-in-households-income-inequality-in-romania\/","title":{"rendered":"THE LABOUR SHARE IN HOUSEHOLDS\u2019 INCOME INEQUALITY IN ROMANIA"},"content":{"rendered":"<h2><span style=\"font-family: times new roman, times, serif; font-size: 10pt;\">Bianca VEZENTAN<sup>1<\/sup>, Olimpia NEAGU<sup>2<\/sup><\/span><\/h2>\n<p><span style=\"font-family: times new roman, times, serif; font-size: 10pt;\"><em><sup>1<\/sup><\/em><em>Ph.D Student, University of Oradea, Doctoral School in Economic Sciences, Romania<\/em><\/span><\/p>\n<p><span style=\"font-family: times new roman, times, serif; font-size: 10pt;\"><em><sup>2<\/sup><\/em><em>Ph.D., \u201eVasile Goldi\u0219\u201d Western University of Oradea, Romania<\/em><\/span><\/p>\n<p><span style=\"font-family: times new roman, times, serif; font-size: 10pt;\"><em>University of Oradea, Doctoral School in Economic Sciences, Romania<\/em><\/span><\/p>\n<p><span style=\"font-family: times new roman, times, serif; font-size: 10pt;\"><em>vezentanbianca@yahoo.com<\/em><\/span><\/p>\n<p><span style=\"font-family: times new roman, times, serif; font-size: 10pt;\"><em>neagu.olimpia@uvvg.ro<\/em><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: times new roman, times, serif; font-size: 10pt;\"><strong>Abstract: <\/strong><em>The aim the paper is to analyse the relationship between the labour share in the households\u2019 income and inequality expressed by Gini coefficient in Romania during 1997-2020. Based on data from National Institute of Statistics of Romania, we provide evidence that high shares of labour income in total households\u2019 income are associated with high values of estimated Gini coefficient and labour and wages share could explain households\u2019 income inequality. We also highlighted the link of income inequality and income labour share to economic growth. Economic growth is associated with reducing levels of income inequality only in short periods of time. Policy makers should give attention to the evolution of labour share in the total income of households. Appropriate public policy measures regarding the improvement of labour market outcomes are required in order to prevent the rise of wage inequality.<\/em><\/span><\/p>\n<p><span style=\"font-family: times new roman, times, serif; font-size: 10pt;\"><em>&nbsp;<\/em><\/span><\/p>\n<p><span style=\"font-family: times new roman, times, serif; font-size: 10pt;\"><strong>Key words<\/strong>: income inequality, households, labour income, economic growth<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: times new roman, times, serif; font-size: 10pt;\"><a href=\"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-content\/uploads\/2024\/02\/AUOES.July_.202322.pdf\">VIEW\/DOWNLOAD ARTICLE<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bianca VEZENTAN1, Olimpia NEAGU2 1Ph.D Student, University of Oradea, Doctoral School in Economic Sciences, Romania 2Ph.D., \u201eVasile Goldi\u0219\u201d Western University of Oradea, Romania University of Oradea, Doctoral School in Economic Sciences, Romania vezentanbianca@yahoo.com neagu.olimpia@uvvg.ro &nbsp; Abstract: The aim the paper is to analyse the relationship between the labour share in the households\u2019 income and inequality [&hellip;]<\/p>\n","protected":false},"author":123463,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[1],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p3c4cf-20w","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts\/7720"}],"collection":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/users\/123463"}],"replies":[{"embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/comments?post=7720"}],"version-history":[{"count":1,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts\/7720\/revisions"}],"predecessor-version":[{"id":7723,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts\/7720\/revisions\/7723"}],"wp:attachment":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/media?parent=7720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/categories?post=7720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/tags?post=7720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}