Inequality/Poverty and the 'Great Recession': The Case of the 27 Members States of the European Union

Autor:	George Sfakianakis, Theodore Papadogonas, Demosthenes Georgopoulos
Rok vydání:	2010
Předmět:	Culture of poverty Income inequality metrics Poverty Inequality media_common.quotation_subject Development economics Economics media_common.cataloged_instance Position (finance) Social inequality European union Basic needs media_common
Zdroj:	SSRN Electronic Journal.
ISSN:	1556-5068
DOI:	10.2139/ssrn.1797822
Popis:	In this paper we investigate the relationship between relative poverty and/or inequality on the one hand and the intensity of the recent global economic crisis, as well as the current economic position of European Union countries on the other. Using data from the 27 E.U. member states we try to establish a link of prevailing inequality/poverty inside each country and economic distress during and after the crisis. The statistical analysis supports the idea that there is a strong positive relationship between higher inequality/poverty at the national level and the size of the economic crisis impact. Equivalently, we could state that the current economic ranking of the individual E.U. countries is strongly correlated with the level of poverty and/or inequality.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::b039519f9680d4a9f402bf657eb2b21c https://doi.org/10.2139/ssrn.1797822 Zobrazit plný text záznamu