Decomposing inequality under alternative concepts of resources: Greece 1988

The structure of inequality in Greece is analyzed using the information of a survey which contains both consumption and income data. Due to life-cycle factors and measurement errors, the correlation between the two variables is not very high and, hence, an approximation of the “permanent income” of the population members is attempted. Although the level of inequality of the new distribution is substantially lower than the levels of inequality of either the distribution of consumption expenditure or the distribution of disposable income, the structure of inequality in Greece is only slightly affected by the choice of distribution.