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Addressing the income gap
Author(s) -
Bonnet Florence
Publication year - 2016
Publication title -
world employment and social outlook
Language(s) - English
Resource type - Journals
ISSN - 2059-3031
DOI - 10.1002/wow3.83
Subject(s) - poverty , position (finance) , economics , social protection , labour economics , basic income , social policy , income distribution , income support , public economics , demographic economics , development economics , economic growth , inequality , macroeconomics , market economy , finance , mathematical analysis , mathematics
This chapter discusses the income gap, an estimate of how much additional income from labour and how much additional spending on social protection would be needed, at a minimum, to eliminate poverty. The chapter examines how the income gap varies depending on the demographic and labour market position of the poor. This analysis is essential for understanding the relative importance of a number of policy tools, notably social protection and employment policies, which will be reviewed in detail in Part II of this report.