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The European Union has reached a critical juncture in dealing with the fallout from the 2008 financial meltdown that started in the USA and spread to engulf banks and the financial markets of Europe. The ensuing recession or stagnation in many member countries was compounded by austerity...
Persistent link: https://www.econbiz.de/10012100220
We present two Gini-like inequality indices that provide a more nuanced picture of how the profile of inequality has changed across European countries since 2005. We use these indices to analyse the distributional changes that can be attributed to the push for austerity. We estimate the...
Persistent link: https://www.econbiz.de/10014363277
We examine the relationship between changes in a country's public sector fiscal position and inequality at the top and bottom of the income distribution during the age of austerity (2006-13). We use a parametric Lorenz curve model and Gini-like indices of inequality as our measures to assess...
Persistent link: https://www.econbiz.de/10011784646
We examine the relationship between changes in a country’s public sector fiscal position and inequality at the top and bottom of the income distribution during the age of austerity (2006–13). We use a parametric Lorenz curve model and Gini-like indices of inequality as our measures to assess...
Persistent link: https://www.econbiz.de/10011438362
We examine the relationship between changes in a country's public sector fiscal position and inequality at the top and bottom of the income distribution during the age of austerity (2006-13). We use a parametric Lorenz curve model and Gini-like indices of inequality as our measures to assess...
Persistent link: https://www.econbiz.de/10012970445
The coronavIrus Disease 19 (COVID-19) outbreak has resulted in a major worldwide economic depression. Governmental reactions to face the COVID-19 pandemic threat are varied and characterised by diverse intensity. Restrictive measure have been taken to control the pandemic, although the same...
Persistent link: https://www.econbiz.de/10013242063
Ever since its foundation, the European Union (EU) has struggled to develop a collective “European identity”, while being exposed to the challenges of globalization, financial disturbances, migration, Brexit, and the coronavirus. However, the hitherto unimaginable Russian inroad on...
Persistent link: https://www.econbiz.de/10013290002
Paths into the Asian Crisis of 1997-98 and the recent global financial crisis were similar, but the roads out could not be more different. Common wisdom has it that on impact Asia endured fiscal austerity imposed by the IMF whereas the IMF recommended stimulus in the case of the advanced nations...
Persistent link: https://www.econbiz.de/10013060791
The European Union has reached a critical juncture in dealing with the fallout from the 2008 financial meltdown that started in the USA and spread to engulf banks and the financial markets of Europe. The ensuing recession or stagnation in many member countries was compounded by austerity...
Persistent link: https://www.econbiz.de/10012153369
Questo articolo raccoglie i contributi della Tavola Rotonda "Conviene all'Europa salvare la Grecia?", organizzata dal Money and Finance Research group (MoFiR) e tenutasi presso la Facolta' di Economia dell'Universita' Politecnica delle Marche (Ancona), il 19 Ottobre 2011. I lavori raccolti...
Persistent link: https://www.econbiz.de/10009401053