Causes of increasing income inequality

Bc. Štěpán Hanyk

Diplomová práce

Abstract:

The thesis focuses on finding the development, causes and impact of income inequality in Germany and the Czech Republic. The examined period is 2011-2020. Variables regarding the strength of institutions, gender pay gap, youth unemployment and use of equity, are examined to determine the direction and size of the impact they have on income inequality. The results show that in Germany and the Czech Republic and increase in the number of firms that use equity to finance their operations lead to reduction in inequality, while increased spending on passive tools of social policy lead to a poverty trap, exacerbating income inequality.

Keywords

Income inequality, the Czech Republic, Germany, Gender pay gap, Youth unemployment, Trade union membership, Safety net spending, Number of stocks listed on a stock exchange, Gini index, P90/10 ratio

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 27. 3. 2024

Obhajoba závěrečné práce

• Obhajoba proběhla 28. 5. 2024
• Vedoucí: doc. Ing. Irena Benešová, Ph.D.
• Oponent: Monika Hrstková, externi

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Magisterský studijní program:
Economics and Management