Template-Type: ReDIF-Paper 1.0
Author-Name: Giuseppina Malerba
Author-X-Name-First: Giuseppina
Author-X-Name-Last: Malerba
Author-Email: giuseppina.malerba@unicatt.it
Author-Workplace-Name: DISCE, Università Cattolica
Author-Name: Marta Spreafico
Author-X-Name-First: Marta
Author-X-Name-Last: Spreafico
Author-Email: marta.spreafico@unicatt.it
Author-Workplace-Name: DISCE, Università Cattolica
Title: The rich and the poor in the EU and the Great Recession: Evidence from a Panel Analysis 
Abstract: This paper proposes a theoretical framework of the factors affecting the gap between the rich and the poor in the European Union, and utilizes a twelve-year panel (2000-2012) of 27 countries to identify the short-term effects of the macroeconomic performance, the level of household income inequality, and the social protection expenditure, controlling for several structural factors of income disparities. It is assessed their impact on the bottom, median and top shares of household income; it is found a different effect of the three core determinants before the Great Recession and during the crisis years, and a different public commitment depending on the type of welfare regime.
Length: 59
Creation-Date: 2014-04
File-URL: http://istituti.unicatt.it/politica-economica-ISPE
0068.pdf
File-Format: Application/pdf
File-Function: First version, 2014
Number: ispe0068
Classification-JEL: C33, D31, I31, I32, I38
Keywords: European Union, Great Recession, household disposable income distribution, income inequality, panel models, structural determinants 
Handle: RePEc:ctc:serie5:ispe0068