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Title Nowcasting income inequality in the context of the Fourth Industrial Revolution
Authors Kuzmenko, Olha Vitaliivna  
Roienko, Viktoriia Volodymyrivna
Keywords income inequality
нерівність доходів
неравенство доходов
Fourth Industrial Revolution
Четверта промислова революція
Четвертая промышленная революция
nowcasting
поточний прогноз
текущий прогноз
Gini index
індекс Джині
индекс Джини
Type Article
Date of Issue 2017
URI http://essuir.sumdu.edu.ua/handle/123456789/61569
Publisher Sumy State University
License
Citation Kuzmenko, O., Roienko, V. (2017). Nowcasting income inequality in the context of the Fourth Industrial Revolution SocioEconomic Challenges, 1(1), 5-12. http://doi.org/10.21272/sec.2017.1-01
Abstract The Fourth Industrial Revolution is opening up huge growth prospects for the world economy, while at the same time appearing new or worsening existing problems, one of which is income inequality. The issue of inequality has significant socio-economic and geopolitical importance worldwide since the substantial social and property stratification of the population leads to exacerbation of local, national and even international confrontations in society. This article examines the main technological and socio-economic drivers related to the Fourth Industrial Revolution (Industry 4.0) on income inequality in developed countries (France, Germany, Italy, Spain, UK). Based on recognition of trend and the cyclical component of the dynamics of income inequality and Industry 4.0indicators and using Google search data the authors nowcast the level of Gini coefficient on 15 years ahead.
Appears in Collections: SocioEconomic Challenges (SEC)

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China China
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France France
2
Germany Germany
7
Norway Norway
3
Portugal Portugal
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Russia Russia
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Singapore Singapore
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South Korea South Korea
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Taiwan Taiwan
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Ukraine Ukraine
1763
United Kingdom United Kingdom
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United States United States
114
Unknown Country Unknown Country
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Vietnam Vietnam
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China China
2
Germany Germany
5
Greece Greece
1
Malaysia Malaysia
4
Norway Norway
2
Russia Russia
1
Switzerland Switzerland
1
Ukraine Ukraine
1762
United Kingdom United Kingdom
1
United States United States
115
Unknown Country Unknown Country
103

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