EU Sources - Income inequality and the great recession - March 31, 2017

In a comprehensive study for Eurofound, income inequalities were mapped from a truly EU-wide perspective (2004-2013). EU-wide income inequality declined notably prior to 2008, driven by a strong process of income convergence between European countries. The Great Recession broke this trend. After 2008, income convergence has been sluggish, while inequality within many countries has increased significantly. Two main insights emerge regarding income disparities. One, income disparities between countries are evidenced by the different positions of countries, with Eastern European countries (and Mediterranean countries to a lesser extent) being much more present in the bottom income quintile, while EU15 countries account for almost all the people found in the top quintile. Two, there is also a significant overlap in national income distributions (the countries dominating the top quintile also have a significant share of population in the lowest income quintile), showing that income disparities within countries are larger than income disparities between countries in the EU.

English: https://www.socialeurope.eu/2017/03/eu-income-inequality-great-recession/
The report: https://www.eurofound.europa.eu/sites/default ...

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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