Income inequality: P50/P10 disposable income decile ratio
| Quick info | |
|---|---|
| Data type | Numeric |
| Scale | Metric |
| Value labels | Not applicable |
| Technical name | socstr_p50p10_disinc_oecd |
| Category | Social structure |
| Label | Income inequality: P50/P10 disposable income decile ratio |
| Related indicators |
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"Income inequality: P50/P10 disposable income decile ratio" calculates income disparity using the disposable income decile P50/P10 (OECD). The inter-quintile ratio of population income serves as an indication of income inequality. It is the ratio of the 50th decile to the lower bound value of the first decile (the bottom 10% of the income distribution).
Coding rules
By dividing the P50 disposable income decile by P10 disposable income decile, the variable is computed. Income is defined as a household's disposable income in a given year. It includes earnings, self-employment, capital income, and public cash transfers. Households pay income taxes and social security contributions, which are deducted. Each household member's income is allocated based on their needs, taking into account variances in household size. Teorell et al. (2024:352) define the variable as "Income inequality: P50/P10 disposable income decile ratio".
Bibliographic info
Citation:- Teorell, Jan, Aksel Sundström, Sören Holmberg, Bo Rothstein, Natalia Alvarado Pachon, Cem Mert Dalli, Rafael Lopez Valverde & Paula Nilsson (2024). The Quality of Government Standard Dataset, version Jan24. University of Gothenburg: The Quality of Government Institute, https://www.gu.se/en/quality-government, doi:10.18157/qogstdjan24
- Organisation for Economic Co-operation and Development. (2023). Country statistical profiles: Key tables from OECD. https://doi.org/10.1787/20752288
- Cowell, Frank (2011). Measuring Inequality, Oxford University Press, https://doi.org/10.1093/ACPROF:OSOBL/9780199594030.001.0001.
- Kohli, Martin, Künemund, Harald, Schäfer, Andrea, Schupp, Jürgen and Vogel, Claudia (2006). Erbschaften und ihr Einfluss auf die Vermögensverteilung, in: Vierteljahrshefte zur Wirtschaftsforschung, 75 (1) p.58-76. https://doi.org/10.3790/vjh.75.1.58
Misc
Project manager(s): Responsible for data editing, description (WESIS) and entry: Andrea Schäfer (2021-2025, Version 0.002), Jean-Yves Gerlitz (2018-2020; Version 0.001); Principal Investigator: Irene Dingeldey, Ulrich Mückenberger; Student assistants: Karolin Meyer (2018-2020)
Data release:- Version 0.001: Initial release with data The Quality of Government Standard Dataset, version Jan19
- Version 0.002: Updated with data from The Quality of Government Standard Dataset, version January 2024
Revisions: No revisions yet
Sources
- Teorell, Jan, Stefan Dahlberg, Sören Holmberg, Bo Rothstein, Natalia Alvarado Pachon and Richard Svensson. 2019. The Quality of Government Standard Dataset, version Jan19. University of Gothenburg: The Quality of Government Institute. http://www.qog.pol.gu.se doi:10.18157/qogstdjan19
- Teorell, Jan and Sundström, Aksel and Holmberg, Sören and Rothstein, Bo and Alvarado Pachon, Natalia and Dalli, Cem Mert and Lopez Valvarde, Rafael and Nilsson, Paula (2024). The Quality of Government Standard Dataset, version Jan24. University of Gothenburg: The Quality of Government Institute, Available at: https://www.gu.se/en/quality-government/qog-data/data-downloads/standard-dataset
- Organisation for Economic Co-operation and Development. (2023). Country statistical profiles: Key tables from OECD. https://doi.org/10.1787/20752288
