Income Disparities in the European Union

Dauderstädt, Michael

doi:10.1007/s10273-020-2722-3

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The Size and Evolution Of Income Inequality Between Member States And Regions1

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2021

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Cited by 2 publications

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“…stronger growth in poorer countries, improves indicators of relative inequality. Paradoxically, in the short and medium run, beta convergence does not necessarily imply sigma convergence and indicators of relative and absolute inequality may show opposite trends (Barro and Sala-i-Martin, 1991;Islam, 2003;Dauderstädt, 2020).…”

Section: The Size and Evolution Of Income Inequality Between Member States And Regionsmentioning

confidence: 99%

Cohesive Growth in Europe: A Tale of Two Peripheries

Dauderstädt¹

2021

Intereconomics

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Over the last two decades, income disparities between EU member states tended to decline, particularly before the financial crisis. While Central and Eastern Europe caught up with the EU average, Southern Europe fell behind after 2009. Catch-up growth in both peripheries relied on nominal convergence (real appreciation) and foreign capital. Further growth can and should be fostered by an economic policy that does not neglect domestic demand, stabilises capital markets and invests in research, education, health and intangibles.

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Section: The Size and Evolution Of Income Inequality Between Member States And Regionsmentioning

confidence: 99%