Proceedings of the 6th International Conference on Strategies, Models and Technologies of Economic Systems Management (SMTESM 2019)

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Modeling the impact of social transfers on the inequality of income distribution in society

Authors
Oksana Bashutska, Lesia Buiak, Mykola Shynkaryk, Oksana Bodnar
Corresponding Author
Oksana Bashutska
Available Online September 2019.
DOI
10.2991/smtesm-19.2019.66How to use a DOI?
Keywords
modeling, the social protection, transfer, decomposition
Abstract

The impact of social transfers on income inequality in society is analyzed. The role of social transfers in redistributing income and reducing the level of differentiation of society is revealed. The choice of the total income components for all types of social transfers is substantiated. An algorithm for applying the Gini-Taylor coefficient to decompose inequalities by components of total income is constructed. The decomposition of the Gini-Tyla coefficient into components by source of income is performed. Concentration ratios, absolute and relative contributions were calculated for the 11 selected income components based on the total household income of Ukraine in 2018. Ways of improvement of social protection of the population with the purpose of overcoming inequality of distribution of incomes in a society are offered. When modeling the impact of different types of social transfers on income inequality in society, an effective method is to use the decomposition of the Gini coefficient. Similar calculations can be made both in dynamics and in countries, regions, etc. This will allow to analyze the effectiveness of social policy of the state.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 6th International Conference on Strategies, Models and Technologies of Economic Systems Management (SMTESM 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
September 2019
ISBN
978-94-6252-790-4
ISSN
2352-5428
DOI
10.2991/smtesm-19.2019.66How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Oksana Bashutska
AU  - Lesia Buiak
AU  - Mykola Shynkaryk
AU  - Oksana Bodnar
PY  - 2019/09
DA  - 2019/09
TI  - Modeling the impact of social transfers on the inequality of income distribution in society
BT  - Proceedings of the 6th International Conference on Strategies, Models and Technologies of Economic Systems Management (SMTESM 2019)
PB  - Atlantis Press
SP  - 341
EP  - 344
SN  - 2352-5428
UR  - https://doi.org/10.2991/smtesm-19.2019.66
DO  - 10.2991/smtesm-19.2019.66
ID  - Bashutska2019/09
ER  -