Inequality and Unemployment Patterns in Europe: Does Integration Lead to (Real) Convergence?
Abstract
The economic convergence criteria adopted in the Maastricht Treaty and the fiscal discipline of the Stability and Growth Pact enforced nominal convergence, leaving aside real convergence indicators. In this paper, we use cluster analysis to examine the convergence patterns of income inequality, absolute redistribution (a measure of governments’ effectiveness in correcting for inequality) and unemployment. The expected outcome after years of...
Paper Details
Title
Inequality and Unemployment Patterns in Europe: Does Integration Lead to (Real) Convergence?
Published Date
Mar 26, 2018
Journal
Volume
29
Issue
4
Pages
703 - 724
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