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Inequality and Welfare in EEC Countries

Panos Tsakloglou

Bulletin of Economic Research, 1992, vol. 44, issue 1, 21-37

Abstract: Inequality and welfare comparisons are performed using simple and generalized.Lorenz curves and a number of ranking criteria suggested by A. F. Shorrocks and J. E. Foster, V. Dardanoni and P. Lambert, and J. Davies and M. Hoy, on Family Expenditure Survey data of nine EEC countries. The highest levels of inequality are observed in Italy and Greece and the lowest in Denmark, Belgium and France, whereas welfare is found to be relatively low in Greece and Ireland and relatively high in Belgium and France. Copyright 1992 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Date: 1992
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