Growth and real convergence in Portugal are usually analyzed after EU accession on January 1st 1986 based on real GDP per capita. There is however a lack of literature approaching the subject from a European distribution of income perspective and for a longer time period. We fill this gap by...

Economic inequality has increased in many EU countries in the last decades. Yet, efforts assessing economic disparities across the EU regions mostly concentrate on convergence in average per capita incomes, offering little evidence on how regional income is distributed. Using data from...

Purpose: The paper aims to estimate the effect of inequality on the economic growth of Balkan countries for the period 2001-2017. In addition, the effect of capital stock on GDP per capita (GDPpc) for the Balkan countries was estimated. The low level of financial inclusion on the Balkan region...

Economic inequality has increased in many EU countries in the last decades. Yet, efforts assessing economic disparities across the EU regions mostly concentrate on convergence in average per capita incomes, offering little evidence on how regional income is distributed. Using data from...

Economic inequality has increased in many EU countries in the last decades. Yet, efforts assessing economic disparities across the EU regions mostly concentrate on convergence in average per capita incomes, offering much less evidence on how regional income is distributed. Using data from...

The transition to a market economy in Eastern Europe and the Former Soviet Union has been associated with greater inequality and social stratification. This paper prepared within the UNU/WIDER project on "Income Distribution and Social Structure during the Transition' analyses trends in social...

Real convergence study began with the development of neoclassical models of growth and especially with the passage of econometric applications of these models. In this paper we present applications of indicators and patterns of convergence on the example of European Union member countries and...

This paper examines the relevance of financial market characteristics for explaining the catching-up process in Europe and Asia. Global financial integration has been associated with divergent patterns of real convergence and the current account in emerging markets. While countries in emerging...

Financial globalisation has been associated with divergent current account patterns in emerging market economies. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account deficits. In this paper we...

The purpose of this paper is to evaluate the empirical relevance of real convergence on the process of nominal convergence for the new EU Member States. We discuss two of the main channels through which real convergence could affect relative prices with respect to the euro area: productivity...