Social Policy Trends: The Energy Boom and Income
THE ENERGY BOOM AND INCOME GROWTH In the last decade, both rich and poor households in Alberta enjoyed significant income growth. An energy boom fueled by high, though volatile, oil prices was a key driver of economic growth in Alberta for much of the period 2000- 2015. Who was the beneficiary of...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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University of Calgary
2018-01-01
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| Series: | The School of Public Policy Publications |
| Online Access: | https://dev.journalhosting.ucalgary.ca/index.php/sppp/article/view/43287 |
| _version_ | 1797754458296287232 |
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| author | Ronald D. Kneebone Margarita (Gres) Wilkins |
| author_facet | Ronald D. Kneebone Margarita (Gres) Wilkins |
| author_sort | Ronald D. Kneebone |
| collection | DOAJ |
| description |
THE ENERGY BOOM AND INCOME GROWTH
In the last decade, both rich and poor households in Alberta enjoyed significant income growth.
An energy boom fueled by high, though volatile, oil prices was a key driver of economic growth in Alberta for much of the period 2000- 2015. Who was the beneficiary of that boom?
The graphs show, for each year during the period 2000-2015, the average after-tax and after-transfer incomes of the top 10% of households (upper panel), and the bottom 10% of households (lower panel). All figures are adjusted for inflation. To gain a sense of the contribution of the energy boom to changes in household earnings, we compare incomes in Alberta with those in Ontario.
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| first_indexed | 2024-03-12T17:33:43Z |
| format | Article |
| id | doaj.art-6eb5ac10696a4858a3ca164b746661b6 |
| institution | Directory Open Access Journal |
| issn | 2560-8312 2560-8320 |
| language | English |
| last_indexed | 2024-03-12T17:33:43Z |
| publishDate | 2018-01-01 |
| publisher | University of Calgary |
| record_format | Article |
| series | The School of Public Policy Publications |
| spelling | doaj.art-6eb5ac10696a4858a3ca164b746661b62023-08-04T15:51:43ZengUniversity of CalgaryThe School of Public Policy Publications2560-83122560-83202018-01-0111Social Policy Trends: The Energy Boom and IncomeRonald D. Kneebone0Margarita (Gres) Wilkins1University of CalgaryUniversity of Calgary THE ENERGY BOOM AND INCOME GROWTH In the last decade, both rich and poor households in Alberta enjoyed significant income growth. An energy boom fueled by high, though volatile, oil prices was a key driver of economic growth in Alberta for much of the period 2000- 2015. Who was the beneficiary of that boom? The graphs show, for each year during the period 2000-2015, the average after-tax and after-transfer incomes of the top 10% of households (upper panel), and the bottom 10% of households (lower panel). All figures are adjusted for inflation. To gain a sense of the contribution of the energy boom to changes in household earnings, we compare incomes in Alberta with those in Ontario. https://dev.journalhosting.ucalgary.ca/index.php/sppp/article/view/43287 |
| spellingShingle | Ronald D. Kneebone Margarita (Gres) Wilkins Social Policy Trends: The Energy Boom and Income The School of Public Policy Publications |
| title | Social Policy Trends: The Energy Boom and Income |
| title_full | Social Policy Trends: The Energy Boom and Income |
| title_fullStr | Social Policy Trends: The Energy Boom and Income |
| title_full_unstemmed | Social Policy Trends: The Energy Boom and Income |
| title_short | Social Policy Trends: The Energy Boom and Income |
| title_sort | social policy trends the energy boom and income |
| url | https://dev.journalhosting.ucalgary.ca/index.php/sppp/article/view/43287 |
| work_keys_str_mv | AT ronalddkneebone socialpolicytrendstheenergyboomandincome AT margaritagreswilkins socialpolicytrendstheenergyboomandincome |