Convergence of income distributions: Total and inequality-affecting changes in the EU
Virmantas Kvedaras and
Zsombor Cseres-Gergely
Economics Letters, 2020, vol. 188, issue C
Abstract:
By adapting the statistical framework suggested by Székely and Rizzo (2004) and considering the convergence of income distributions instead of aggregate (e.g., average) income, we exploit the scale-independence property of proper inequality metrics to evaluate not only the total but also the inequality-affecting (shape-influenced) convergence of income distributions. We illustrate the application using Monte Carlo experiments and characterizing the convergence of net equivalized income distributions among European Union member states.
Keywords: Convergence; Distribution; European Union; Income; Inequality (search for similar items in EconPapers)
JEL-codes: C46 D31 D63 O15 O47 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176520300057
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:188:y:2020:i:c:s0165176520300057
DOI: 10.1016/j.econlet.2020.108946
Access Statistics for this article
Economics Letters is currently edited by Economics Letters Editorial Office
More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().