Europe's Income, Wealth, Consumption, and Inequality PDF Download

Author: Georg Fischer
Publisher: International Policy Exchange
ISBN: 019754570X
Category : Business & Economics
Languages : en
Pages : 617

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Book Description
Europe's Income, Wealth, Consumption, and Inequality offers a novel approach to the analysis of social and economic trends, and the resulting book identifies major policy challenges applicable in the EU and beyond. Georg Fischer, Robert Strauss, and their contributors focus on explaining how policy makers and the media focus on national trends to measure progress among the nations in Europe.

Author: Tessa Bending
Publisher: European Investment Bank
ISBN: 9286149301
Category : Social Science
Languages : en
Pages : 59

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Book Description
Does Europe have an inequality problem? Amid the COVID-19 pandemic, many Europeans are certainly struggling. The rise of populist movements is another signal that something is awry. Many Europeans no longer see their economy as fair. But is this a problem of too much inequality, or just a problem of ideology? Is inequality even a bad thing? We need to consider the statistics on economic inequality, but also look beyond towards the lived experience of trying to make ends meet. We need to consider different ideas on the impact and significance of the inequality we see. Does inequality drive entrepreneurship, and thus innovation, through the struggle for upward social mobility? Or does inequality affect life chances, becoming entrenched, blocking social mobility and innovation? And does anyone really need a billion euros? If we have a euro to spare, do we create more happiness by giving it to the rich or to the poor? An old, once infamous, now oft-forgotten question in economics. Tessa Bending conducts research on social inclusion, social development and impact measurement at the Economics Department of the European Investment Bank (EIB). The department provides indepth analysis on critical investment issues to support international policy debates. This is the sixteenth essay in the Big Ideas series created by the European Investment Bank. The EIB has invited international thought leaders and experts to write about the most important issues of the day. These essays are a reminder that we need new thinking to protect the environment, promote equality and improve people's lives around the globe.

Author: Brian Keeley
Publisher: Org. for Economic Cooperation & Development
ISBN: 9789264246003
Category :
Languages : en
Pages : 120

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Book Description
Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.

Author: A. B. Atkinson
Publisher: OUP Oxford
ISBN: 0191500887
Category : Business & Economics
Languages : en
Pages : 984

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Book Description
A rapidly growing area of economic research investigates the top of the income distribution using data from income tax records. This volume brings together studies of top incomes for twelve countries from around the world, including China, India, Japan, Argentina and Indonesia. Together with the first volume, published in 2007, the studies cover twenty two countries. They have a long time span, the earliest data relating to 1875 (for Norway), allowing recent developments to be placed in historical perspective. The volume describes in detail the source data and the methods employed. It will be an invaluable reference source for researchers in the field. Individual country chapters deal with the specific nature of the data for each of the countries, and describe the long-term evolution of top income shares. In the countries as a whole, dramatic changes have taken place at the top of the income distribution. Over the first part of the century, top income shares fell markedly. This largely took the form of a reduction in capital incomes. The different authors examine the impact of the First and Second World Wars, contrasting countries that were and were not engaged. They consider the impact of depressions and banking crises, and pay particular attention to the impact of progressive taxation. In the last 30 years, the shares of top incomes have increased markedly in the US and other Anglo-Saxon countries, reflecting the increased dispersion of earnings. The volume includes statistics on the much-discussed top pay and bonuses, providing a global perspective that discusses important differences between countries such as the lesser increase in Continental Europe. This book, together with volume 1, documents this interesting development and explores the underlying causes. The findings are brought together in a final summary chapter by Atkinson, Piketty and Saez.

Author: Luigi Paganetto
Publisher: Springer
ISBN: 3319059092
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
In this book, leading experts take a long-term view of the trends and policies of most relevance in achieving the structural readjustment required by the current crisis, which for too long has been viewed merely as an economic recession. A wide variety of issues are addressed, including the implications of the massive movement of wealth from advanced countries to emerging ones and the increasing income inequality evident within many countries. Prospects for growth toward the mid-century and beyond are discussed, with consideration of lessons from the past and the impact of various constraints, including corruption. The policies and reforms required to restore economic dynamism within the EU and more generally, to foster the “Good Economy” are discussed, recognizing the need for measures to promote innovation, entrepreneurship, well-being and high levels of environmental performance. The book comprises a selection of contributions presented at the XXV Villa Mondragone International Economic Seminar. For the past quarter of a century, this seminar has brought together leading experts to engage in debates on pressing economic questions. This book, based on the most recent gathering, will be of interest to all who are concerned about the challenges to growth, well-being and social inclusion that will have to be confronted in the coming decades.

Author:
Publisher: GRIN Verlag
ISBN: 3656908230
Category : Social Science
Languages : en
Pages : 44

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Book Description
Bachelor Thesis from the year 2013 in the subject Business economics - Economic and Social History, grade: 1, , language: English, abstract: Why are health and social problems in the EU related to income inequality within countries, rather than per capita income? With regard to Wilkinson and Pickett’s studies in “The Spirit Level” (2010), I am demonstrating the relation of health and social problems with income inequality for EU countries and compare the results with the European Social Policy Models described by Boeri (2002) and Sapir (2005). At least since the “Occupy Wall Street” and the “We are the 99 percent” movements started to dominate newspaper headlines, the problem of unequally allocated disposable income has gained more attention by policy makers around the globe. In reconstruction times following WWII, gains in income have been shared almost equally between income quintile groups until the late 1970s - when the Great Convergence ended. Politicians and economists have therefore increased their interest in finding other indicators for economic performance rather than only casting an eye on GDP growth. I will thus investigate why health and social problems are far more related to income inequality rather than GDP growth or per capita income. To understand the situation especially in the European Union (EU) I will subsequently explain the underlying circumstances.

Author: Joseph E. Stiglitz
Publisher: The New Press
ISBN: 1620975726
Category : Political Science
Languages : en
Pages : 450

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Book Description
Today's leading economists weigh in with a new "dashboard" of metrics for measuring our economic and social health "What we measure affects what we do. If we focus only on material well-being—on, say, the production of goods, rather than on health, education, and the environment—we become distorted in the same way that these measures are distorted." —Joseph E. Stiglitz A consensus has emerged among key experts that our conventional economic measures are out of sync with how most people live their lives. GDP, they argue, is a poor and outmoded measure of our well-being. The global movement to move beyond GDP has attracted some of the world's leading economists, statisticians, and social thinkers who have worked collectively to articulate new approaches to measuring economic well-being and social progress. In the decade since the 2008 economic crisis, these experts have come together to determine what indicators can actually tell us about people's lives. In the first book of its kind, leading economists from around the world, including Thomas Piketty, Emmanuel Saez, Elizabeth Beasely, Jacob Hacker, François Bourguignon, Nora Lustig, Alan B. Krueger, and Joseph E. Stiglitz, describe a range of fascinating metrics—from economic insecurity and environmental sustainability to inequality of opportunity and levels of trust and resilience—that can be used to supplement the simplistic measure of gross domestic product, providing a far more nuanced and accurate account of societal health and well-being. This groundbreaking volume is sure to provide a major source of ideas and inspiration for one of the most important intellectual movements of our time.

Author: Wiemer Salverda
Publisher: Oxford University Press
ISBN: 0199231370
Category : Business & Economics
Languages : en
Pages : 759

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Book Description
Comprehensive analysis of economic inequality in developed countries. The contributors give their view on the state-of-the-art scientific research in their fields and add their own visions of future research.

Author: Tingyun Chen
Publisher: International Monetary Fund
ISBN: 1484340256
Category : Business & Economics
Languages : en
Pages : 51

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Book Description
This SDN studies the evolution of inequality across age groups leading up to and since the global financial crisis, as well as implications for fiscal and labor policies. Europe’s population is aging, child and youth poverty are rising, and income support systems are often better equipped to address old-age poverty than the challenges faced by poor children and/or unemployed youth today.

Author: Janet C. Gornick
Publisher: Stanford University Press
ISBN: 0804786755
Category : Social Science
Languages : en
Pages : 541

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Book Description
This state-of-the-art volume presents comparative, empirical research on a topic that has long preoccupied scholars, politicians, and everyday citizens: economic inequality. While income and wealth inequality across all populations is the primary focus, the contributions to this book pay special attention to the middle class, a segment often not addressed in inequality literature. Written by leading scholars in the field of economic inequality, all 17 chapters draw on microdata from the databases of LIS, an esteemed cross-national data center based in Luxembourg. Using LIS data to structure a comparative approach, the contributors paint a complex portrait of inequality across affluent countries at the beginning of the 21st century. The volume also trail-blazes new research into inequality in countries newly entering the LIS databases, including Japan, Iceland, India, and South Africa.