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This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a multidimensional setting by considering the joint...
Persistent link: https://www.econbiz.de/10013016356
A long-lasting scientific and policy debate queries the impact of growth on distribution. A specific branch of the micro-oriented literature, known as 'pro-poor growth', seeks in particular to understand the impact of growth on poverty. Much of that literature supposes that the distributional...
Persistent link: https://www.econbiz.de/10013019026
Does the way scholars measure inequality of opportunity correspond to how people perceive it? What other factors influence individual perception of this phenomenon? To answer these questions we must first clarify how scholars define and measure inequality of opportunity. We discuss the possible...
Persistent link: https://www.econbiz.de/10012987797
The authors developed a political economy equilibrium framework for personal income distribution. In the beginning, they set up a theoretical model which was rooted in status theory. With this concept, one may explain a certain or optimal degree of inequality in society and define a steady state...
Persistent link: https://www.econbiz.de/10012692644
Objective: The objective of the article is to explore the nexus between changes of various globalisation dimensions, defined by either policy (de jure) or outcomes (de facto), and the rise in income inequality in a panel of 27 EU countries during the period 1998-2017. Research Design & Methods:...
Persistent link: https://www.econbiz.de/10012520007
Europe can address excessive inequality. It argues that we should learn from the lessons of history; there have been …
Persistent link: https://www.econbiz.de/10010209771
We analyse the evolution of EU citizens' living standards, considering the EU as a single country. Average living standards have improved considerably as the European integration process has unfolded. EU28 income inequality has steadily declined, mostly as a result of the macroeconomic...
Persistent link: https://www.econbiz.de/10012102721
We analyse the evolution of EU citizens' living standards, considering the EU as a single country. Average living standards have improved considerably as the European integration process has unfolded. EU28 income inequality has steadily declined, mostly as a result of the macroeconomic...
Persistent link: https://www.econbiz.de/10012015871
Persistent link: https://www.econbiz.de/10011928249
The authors set up a political economy equilibrium framework for personal income distribution. Located in status theory, their concept is able to explain what justifies a certain or optimal degree of inequality in the society. The authors present an empirical analysis of personal income...
Persistent link: https://www.econbiz.de/10012146968