Scientific journal paper Q2
Club convergence in the eurozone: A look at inequality dynamics
Sofia Vale (Vale, S.);
Journal Title
Economics Letters
Year (definitive publication)
2024
Language
English
Country
Netherlands
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Abstract
This paper examines the convergence of eurozone countries’ inequality indicators between 1995 and 2020. The Phillips and Sul (2007, 2009) methodology is used to determine the existence of convergence clubs. Our findings show that eurozone countries follow a similar trajectory in terms of the income of the richest 1% of the population and are divided into two clusters based on other inequality indicators.
Acknowledgements
The author would like to thank an anonymous referee and the editor, Eric Young, for their helpful feedback and suggestions. Financial support from the Science and Technology Foundation under UNIDE is also gratefully acknowledged.
Keywords
Inequality,Convergence,Eurozone
  • Economics and Business - Social Sciences
Funding Records
Funding Reference Funding Entity
UIDB/00315/2020 Fundação para a Ciência e a Tecnologia