Globalization and Income Inequality : A European Perspective

Author/Editor:

Thomas Harjes

Publication Date:

July 1, 2007

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

There is growing concern in Europe over the impact of globalization on high and evenly shared living standards. These concerns have often surfaced in response to falling labor income shares in aggregate national income data. However, these data may tell little about the underlying distribution of incomes based on household disposable incomes. While summary measures of income distributions also suggest that inequality has increased in most industrialized countries, this development was very uneven and much less pronounced in euro-area countries, suggesting that broad phenomena such as trade liberalization and technological change may not be major drivers of inequality.

Series:

Working Paper No. 07/169

Subject:

English

Publication Date:

July 1, 2007

ISBN/ISSN:

9781451867336/1018-5941

Stock No:

WPIEA2007169

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

15

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