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Standard of Living in the European Union

Jana Stávková (), Pavel Zufan () and Naďa Birčiaková
Authors registered in the RePEc Author Service: Naďa Hazuchová

MPRA Paper from University Library of Munich, Germany

Abstract: This chapter focuses on the measurement of standard of living and on the factors influencing its level. Specific attention is paid to the indicators of standard of living, and the frequent employment of GDP is discussed and compared with possible alternatives. Household income is also a factor of central importance in determining standard of living, and the chapter assesses this factor in terms of household income distribution, the setting of poverty limits, the measurement of income disparity and the causes and effects of poverty. The situation is monitored in five selected EU countries: the Czech Republic, Finland, France, Spain and the United Kingdom.

Keywords: Standard of living; Indicators; Income situation; Disparity; Poverty. (search for similar items in EconPapers)
JEL-codes: I3 (search for similar items in EconPapers)
Date: 2012
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