China's Household Wealth Distribution Inequality in 2012-2020:Investigation with Subgroups and Components Bi-dimensional Decomposition of Gini Coefficient
This paper proposes a new Gini coefficient decomposition method,with which we can perform the Gini coefficient's subgroup decomposition and income components de-composition simultaneously,so as to integrate the inequality analysis of these two dimen-sions into one framework and avoid the inconsistency deficiency of present decomposition technique.Taking China's rural and urban resident's property distribution inequality as an example,we demonstrate the use of the new Gini Coefficient's bi-dimensional decomposi-tion method,and find that within-group inequality of resident's housing assets is the main contributor of widening property inequality in 2012-2020,while urban-rural between group inequality,in particular inequality of net housing asset,contributed little to the widening property inequality during this period.
Gini CoefficientSubgroup DecompositionComponents DecompositionBi-dimensional DecompositionWealth Distribution Inequality