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Korea : Income and wealth distribution and government initiatives to reduce disparities

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Title Korea
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Sub Title

Income and wealth distribution and government initiatives to reduce disparities

Material Type Reports
Author(English)

Kwon, Soonwon

Publisher

[Seoul]:Korea Development Institute

Date 1990-06
Pages 36
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Macroeconomics
Economy < Economic Conditions
Holding Korea Development Institute

Abstract

The paper consists of five sections. Section Ⅱ will analyze trends in the household distribution of income using government data and will explain income disparities between urban areas and rural areas. In section Ⅲ the KDI Survey will be used to describe the distribution of income and wealth within the limitations of the data. Section Ⅳ will focus on imputed rents from owning land and housing and their effects on the size distribution of income. Also the potential increase in property income tax by institutional reforms will be examined. Finally, Section Ⅴ will be a summary and conclusion.