ADVERTISEMENT
  • News
  • Technology
  • Culture
  • Entertainment
  • Sport
  • Travel
  • Music
  • More
    • Politics
    • Lifestyle
    • TV
    • Games
Sunday, December 3, 2023
  • Login
No Result
View All Result
NEWSLETTER
FINCHANNEL
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • America
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • CityLife
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • America
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • CityLife
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
No Result
View All Result
FINCHANNEL
No Result
View All Result
Home WORLD

Inequality in Austria is higher than expected, new research reveals

The FINANCIAL by The FINANCIAL
November 26, 2020
in WORLD
Reading Time: 1 min read
A A
0
Share on FacebookShare on Twitter

The 10 percent of the Austrian population with the highest income earn more than three times the Austrian average and seven times more than the lowest-income half of the population, finds new research from Vienna University of Economics and Business, also revealing that the majority of Austrians benefit from existing redistribution.

Using new statistical methods, economists from the Vienna University of Economics and Business Administration (WU) and the Vienna Institute for International Economic Studies (wiiw) were able to outline the distribution of income in Austria more comprehensively than was previously possible, revealing greater inequalities than previously thought.

Emanuel List, Research Associate at the Research Institute Economics of Inequality at WU, together with Stefan Jestl, wiiw Economist, linked tax and survey data using special statistical methods. Their study refers to income in Austria generated in the years 2004 to 2016.

RelatedPosts

Brazil to join OPEC+ in 2024, seeks oil market stability: minister

A History of The Declaration of Independence

There were an estimated 39.0 million people living with HIV at the end of 2022, mainly in Africa

Russia’s top court bans LGBTQ activism as ‘extremist’

Their main results are:

  • For the majority of Austrians, real income stagnated over the twelve-year period analysed.
  • Young people below the age of 30 experienced significant income losses.
  • The financial crisis initially reduced income inequality, but since 2012 income has slightly increased again.
  • Capital incomes, i.e. income from interest and dividends, are highly concentrated. Among the top 10, they account for more than one third and among the top 1 even more than half of income.

The study also shows that the majority of Austrians benefit from redistribution via the social security system, including the education and health systems as well as social housing. It encompasses benefits in kind as well as government services that are basically available to all citizens and increase disposable income.

Tags: australia
ADVERTISEMENT
The FINANCIAL

The FINANCIAL

Since 2005

Related Posts

Brazil to join OPEC+ in 2024, seeks oil market stability: minister
WORLD

Brazil to join OPEC+ in 2024, seeks oil market stability: minister

by The FINANCIAL
November 30, 2023
0

"This is a historic moment for Brazil and the energy industry and we look forward to joining this distinguished group,"...

Read more
A History of The Declaration of Independence

A History of The Declaration of Independence

November 30, 2023
HIV Diagnoses at Alarmingly High Levels in the European Region Despite Progress in EU/EEA

There were an estimated 39.0 million people living with HIV at the end of 2022, mainly in Africa

November 30, 2023
LGBTQI+ rights need attention during the COVID-19 crisis and beyond

Russia’s top court bans LGBTQ activism as ‘extremist’

November 30, 2023
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Jeff Schwartz on Emergence and Evolution of Private Debt Markets

Jeff Schwartz on Emergence and Evolution of Private Debt Markets

October 18, 2023
mobile-banking.jpg

The experts at Symple Lending discuss how rising interest rates are make paying down credit cards more difficult.

September 6, 2023
Subway® and Wissol Group Partner to Expand Subway’s Presence in Georgia

Subway® and Wissol Group Partner to Expand Subway’s Presence in Georgia

November 8, 2023
EasyJet to fly to London from Stockholm Arlanda

The London Diplomatic List, Addresses, Contacts & Working Hours

January 23, 2023
Tegeta Holding won two nominations in the Corporate Sustainability Award Competition

Tegeta Holding won two nominations in the Corporate Sustainability Award Competition

October 23, 2023
“Brothers” rugby school joins the 16-day campaign targeted against eliminating violence against women 

“Brothers” rugby school joins the 16-day campaign targeted against eliminating violence against women 

December 1, 2023
5 Main Rules for your CFD Trading Strategy

Ulta Beauty shares pop as sales climb 6%

November 30, 2023
Brazil to join OPEC+ in 2024, seeks oil market stability: minister

Brazil to join OPEC+ in 2024, seeks oil market stability: minister

November 30, 2023
A History of The Declaration of Independence

A History of The Declaration of Independence

November 30, 2023
Elon Musk says the Tesla Cybertruck will be bulletproof. That remains to be seen.

Elon Musk says the Tesla Cybertruck will be bulletproof. That remains to be seen.

November 30, 2023

Popular Last 24h

  • Jeff Schwartz on Emergence and Evolution of Private Debt Markets

    Jeff Schwartz on Emergence and Evolution of Private Debt Markets

    621 shares
    Share 248 Tweet 155
  • Find Social Security Number by Name Free

    2006 shares
    Share 802 Tweet 501
  • Brazil to join OPEC+ in 2024, seeks oil market stability: minister

    24 shares
    Share 10 Tweet 6
  • A History of The Declaration of Independence

    24 shares
    Share 10 Tweet 6
  • FHA Announces 2024 Loan Limits, Empowering Homebuyers Amidst Rising Home Prices

    89 shares
    Share 36 Tweet 22
  • Use FinOps to Reduce Cloud Costs Across AWS, Azure, and GCP

    27 shares
    Share 11 Tweet 7
  • The London Diplomatic List, Addresses, Contacts & Working Hours

    1640 shares
    Share 656 Tweet 410

LATEST POSTS

“Brothers” rugby school joins the 16-day campaign targeted against eliminating violence against women 

“Brothers” rugby school joins the 16-day campaign targeted against eliminating violence against women 

December 1, 2023
5 Main Rules for your CFD Trading Strategy

Ulta Beauty shares pop as sales climb 6%

November 30, 2023
Brazil to join OPEC+ in 2024, seeks oil market stability: minister

Brazil to join OPEC+ in 2024, seeks oil market stability: minister

November 30, 2023
A History of The Declaration of Independence

A History of The Declaration of Independence

November 30, 2023
Elon Musk says the Tesla Cybertruck will be bulletproof. That remains to be seen.

Elon Musk says the Tesla Cybertruck will be bulletproof. That remains to be seen.

November 30, 2023
We stand with Ukraine

Ukraine Security Assistance Strengthens Nation’s Defense Industrial Base

November 30, 2023
HIV Diagnoses at Alarmingly High Levels in the European Region Despite Progress in EU/EEA

There were an estimated 39.0 million people living with HIV at the end of 2022, mainly in Africa

November 30, 2023
LGBTQI+ rights need attention during the COVID-19 crisis and beyond

Russia’s top court bans LGBTQ activism as ‘extremist’

November 30, 2023
Hungary Says It Opposes EU Membership Talks With Ukraine

Hungary Says It Opposes EU Membership Talks With Ukraine

November 30, 2023
Ukraine Blames Russia for No Recent Prisoner Swaps

Ukraine Blames Russia for No Recent Prisoner Swaps

November 30, 2023

LATEST INTERVIEWS

Lighting the path for sustainability in Georgia

Lighting the path for sustainability in Georgia

by The FINANCIAL
August 14, 2023
0

Toyota Plays a Crucial Role in Contributing to Georgia’s Zero Emissions Challenge

Toyota Plays a Crucial Role in Contributing to Georgia’s Zero Emissions Challenge

by The FINANCIAL
July 12, 2023
0

ESG stands for Environmental, Social, and Governance

ESG stands for Environmental, Social, and Governance

by The FINANCIAL
July 12, 2023
0

“EU membership might attract European banks and other financial institutions to enter Georgia”

“EU membership might attract European banks and other financial institutions to enter Georgia”

by The FINANCIAL
May 15, 2023
0

Main risks facing banks in 2023

Main risks facing banks in 2023

by The FINANCIAL
May 15, 2023
0

‘Russia cannot be treated as a reasonable and reliable trade partner

‘Russia cannot be treated as a reasonable and reliable trade partner

by The FINANCIAL
February 13, 2023
0

We should increase our joint efforts to assist the growing tech sector here in Georgia

We should increase our joint efforts to assist the growing tech sector here in Georgia

by The FINANCIAL
February 13, 2023
0

‘Georgia has much to offer to UK investors

‘Georgia has much to offer to UK investors

by The FINANCIAL
February 13, 2023
0

Newsletter

ADVERTISEMENT

GET IN TOUCH

E-mail your company news at:

news (at) financial.ge Letters to the Editor: editor (at) finchannel.com

Local Marketing contact:

(+99532) 2252 275 | 76 EXT: 1 (+995 558) 03 03 03 (mobile) marketing (at) finchannel.com

Requests from abroad:

(+99532) 2252 275 | 76 EXT: 7 (+995599) 96 52 52 Email: zviadi (@) finchannel.com Contact video editor: E-mail: video (at) financial.ge

Postal address: 17 Mtskheta str. Tbilisi, Georgia 0179 The FINANCIAL

RESOURCE

  • Work at the FINANCIAL
  • ePaper
  • Advertise in The FINANCIAL
  • Access ePaper
  • Guest posts
  • Contributed articles
  • AmericanStockNews
  • Coupon Codes
  • GLOSSY MAG
American Culture Center
ACC Partner

GUIDEBOOK

  • Meet our team
  • Invest in Georgia
  • Become contributor
  • Archive

FOLLOW US

  • Facebook
  • Twitter
  • Google+
  • Youtube
No Result
View All Result
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • America
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • CityLife
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.