Publications of the FoundationInequality in EuropeTitle
Publications of the FoundationInequality in Europe
Title
Bibliographic Metadata
Bibliographic Metadata
- TitleInequality in Europe : the consequences of pandemic and war
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- Parallel-Language-Edition
- Description1 Online-Ressource (21 Seiten) : Diagramme
- LanguageEnglish
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- Document typePrint
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- ISBN978-3-98628-357-5
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- The document is publicly available on the WWW
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Abstract
The pandemic and the current crises (Ukraine war, energy crisis, inflation) have had different effects on income distribution in the EU. As a result, thanks to higher growth in the poorer EU countries, the distribution between countries has improved somewhat. Within countries, government protection measures have mitigated the effects of the two crises. The findings for the current crisis are still pending, but inflation is likely to have lowered the real incomes of the poorer parts of the population. For EU-wide inequality, the income convergence observed since 2015 came to a halt in the pandemic, while inflation in 2022 is likely to have accelerated the nominal convergence