Politics

Increasing Gap in Incomes

Published: December 6, 2011; 10:48 · (Vindobona)

Although Austria´s Gini coefficient is relatively low, the gap between high and low incomes becomes larger.

Increasing Gap in Incomes / Picture: © Vindobona.org

The pay gap increases wordwide – Austria is no exception. In 2008, in which the youngest data were collected, Austria showed a Gini coefficient of 0.26. This is slightly better than Germany with a coefficient of 0.30. This is the result of a study by the OECD. The Gini coefficient measures the gap between high and low incomes. When the coefficient is zero, everybody has the same…

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Increasing Gap in Incomes

Although Austria´s Gini coefficient is relatively low, the gap between high and low incomes becomes larger.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.