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Change and convergence of income distributions in the European Union during 2007-2014

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JRC Working Papers in Economics and Finance 2019/13
Relying on the adapted statistical framework suggested by Szekely and Rizzo (2004) and going beyond the usual comparison of gross domestic product or average/median income, we characterize the changes and convergence of net equivalized income distributions among European Union countries. We exploit the scale-independence property of proper inequality metrics to evaluate not only the total, but also the inequality-affecting (shape-influenced) convergence of distributions. The established findings obtained using the proposed framework are consistent with simple evidence derived from relative quantiles and distributions.
2019-07-08
Publications Office of the European Union
JRC117006
978-92-76-08730-4 (online),   
2467-2203 (online),   
OP KJ-AE-19-013-EN-N (online),   
https://publications.jrc.ec.europa.eu/repository/handle/JRC117006,   
10.2760/217338 (online),   
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