Quality of life and inequality

Krause, Peter

doi:10.4337/9781783471171.00012

Cited by 4 publications

(1 citation statement)

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“…The investigation of the quality of life is founded on techniques from a variety of fields of study, as well as normative applications for the upkeep and enhancement of living situations. As a result, individual-level research on inequality, poverty, and multiple deprivations is linked to quality-of-life approaches; social-level research examines the functioning of social and political institutions and the preservation of living conditions; and national-level and global-level research examines social and political indicators used widely to promote and establish fairer and better living conditions around the globe, Krause (2016) [ 6 ].…”

Section: Exploring the Main Determinants Of Income Inequalities And T...mentioning

confidence: 99%

Exploring the Moderation and Mediation Effects in Addressing the Main Determinants of Income Inequalities in Supporting Quality of Life: Insights from CEE Countries

Davidescu

Nae

Florescu

2022

IJERPH

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Income inequality has become an increasingly pressing economic and social problem in Europe, especially in emerging countries with more significant inequalities than the EU average. The high-level inequality persistence can decrease well-being by accentuating the shortcomings at the household level, increasing poverty and social exclusion, generating political instability, leading to a decline in social cohesion, and, finally, a weakening of the Union as a whole. In this context, the paper aims to identify the main determinants of income inequality across the CEE countries and their significant implications in supporting the quality of life and well-being, highlighting the mediation and moderation effects. The analysis focuses on emerging European countries, using panel-based data analysis for ten EU countries covering 2008–2019. The empirical findings highlighted the importance of the minimum wage, high-tech exports, the degree of economic openness, the quality of institutions, and education spending in reducing income inequality. On the other hand, the proportion of the population with a higher education level and the interaction between official and unofficial economies led to income inequality. Therefore, to increase the quality of life, it is mandatory to decrease inequalities. Thus, fewer people will be at risk of living a less qualitative life. The empirical results also proved that the informal economy and the share of people employed in industry exhibited mediating roles. In contrast, the economic growth, the urbanization degree, and the share of people employed in services exhibited moderating roles. Additionally, we also tested the impact of the income inequality determinants of the quality of life, the empirical results supporting the influence of minimum wage, employment with tertiary education, government effectiveness, the degree of economic openness, and education expenditures.

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Section: Exploring the Main Determinants Of Income Inequalities And T...mentioning

confidence: 99%