tag:blogger.com,1999:blog-2826531655042170344.post4248988468834445180..comments2024-03-26T11:29:52.986+00:00Comments on Economic Incentives: Why is it so hard to present inequality statistics?Seamushttp://www.blogger.com/profile/15679299530222667673noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2826531655042170344.post-11747972263621930272015-09-29T16:47:57.995+01:002015-09-29T16:47:57.995+01:00Judging by the topics you cover in your sidebar, y...Judging by the topics you cover in your sidebar, you're not much interested in economic inequality and, indeed, the concluding remark of this piece suggests we should put several aspects aside.<br />So the intervention here which superficially argues about methodology really has a different objective, I would guess.<br />Albeit, on a lesser scale, it's not unlike how the more sophisticated climate-change and tobacco-as-poison deniers went about their business.<br />Staunton seems to have put the statistics issue to bed for a while in his reply today.<br />http://www.progressive-economy.ie/2015/09/complexity-of-inequality-means-we-must.html<br />Jim O'Donnellnoreply@blogger.comtag:blogger.com,1999:blog-2826531655042170344.post-18378540851010202952015-09-25T21:46:03.681+01:002015-09-25T21:46:03.681+01:00Thanks for clearing that up, much appreciated.Thanks for clearing that up, much appreciated.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2826531655042170344.post-38380806903588066582015-09-25T21:01:28.741+01:002015-09-25T21:01:28.741+01:00The OECD data is for equivalised disposable income...The OECD data is for equivalised disposable income; the Central Bank data is for household net wealth. They are not measuring the same thing.<br /><br />The gini coefficient for equivalised disposable income rose slightly during the early years of the crisis from the level of 0.30 shown above but has been flat since. The most recent four readings from the SILC carried out by the CSO are:<br /><br />2010: 0.314 <br />2011: 0.311 <br />2012: 0.312 <br />2013 0.313Seamushttps://www.blogger.com/profile/15679299530222667673noreply@blogger.comtag:blogger.com,1999:blog-2826531655042170344.post-65931930814418360112015-09-25T20:20:29.884+01:002015-09-25T20:20:29.884+01:00Seamus: You say inequality is decreasing by 0.7% p...Seamus: You say inequality is decreasing by 0.7% per annum, yet the evidence you supply only goes covers up to the late 2000s. Your previous Central Bank graph shows that from 2011 the trend is creeping back in the opposite direction. Please clarify.Anonymousnoreply@blogger.com