The Distribution of Well-Being among Europeans
Andrea Brandolini () and
Alfonso Rosolia
No 12350, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
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 convergence of new EU-accession countries. EU15 income inequality fell steadily until the mid-1980s, but picked up again during the economic turmoil following the Great Recession, largely reflecting the divergence between periphery and core countries in the euro area. Using a common EU standard reveals more progress in terms of poverty reduction. It also shows that the patterns of income convergence across member states differ across categories of residents, thus calling for a more careful consideration of the personal and national dimensions of EU policies.
Keywords: European Union; Euro Area; European integration; income inequality; welfare (search for similar items in EconPapers)
JEL-codes: D31 D63 E01 I32 (search for similar items in EconPapers)
Pages: 63 pages
Date: 2019-05
New Economics Papers: this item is included in nep-hap and nep-mac
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Citations: View citations in EconPapers (7)
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Related works:
Working Paper: The distribution of well-being among Europeans (2019) 
Working Paper: The Distribution of Well-Being among Europeans (2019) 
Working Paper: The distribution of well-being among Europeans (2019) 
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