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Club Convergence in the Eurozone: a Look at Inequality Dynamics
Event Title
47th EBES Conference
Year (definitive publication)
2024
Language
English
Country
Germany
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Abstract
This paper analyses the convergence of inequality indicators across eurozone countries between 1995 and 2019. The Phillips and Sul (2007, 2009) methodology is applied, testing for the existence of convergence clubs. Our results indicate that eurozone countries share a common path with respect to the income of the richest 1% of the population, and can be grouped into two clusters regarding all other indicators.
Acknowledgements
BRU
FCT
Keywords
inequality,convergence,eurozone
Funding Records
| Funding Reference | Funding Entity |
|---|---|
| Fundação para a Ciência e Tecnologia | UIDB/00315/2020 |
