The distribution of well-being among Europeans
Brandolini, Andrea ; Rosolia, Alfonso
Institute of Labor Economics, Bonn
IZA - Bonn
2019
58 p.
standard of living ; living conditions ; welfare state ; European integration ; income distribution ; well being
Discussion Paper
12350
Income distribution
English
Bibliogr.
"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."
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