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Trends in and determinants of income distribution in Korea

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  • Trends in and determinants of income distribution in Korea
  • Ahn, Kookshin
  • Chung-Ang University(Economic Research Institute)


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Title Trends in and determinants of income distribution in Korea
Similar Titles
Material Type Articles
Author(English)

Ahn, Kookshin

Publisher

[Seoul]:Chung-Ang University(Economic Research Institute)

Date 1997-12
Journal Title; Vol./Issue Journal of Economic Development:vol. 22(no. 2)
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Macroeconomics
Economy < Economic Conditions
Holding Chung-Ang University

Abstract

This paper shows that, contrary to the “official” statistics, the size distribution of income in Korea has not improved steadily since the late 1970s but deteriorated worst ever in the late 1980s. It argues that the high rise of real estate price, which causes prevalent sense of relative deprivation, is also a major root of worsened income distribution in the 1980s.