Globalization and Income Inequality: A European Perspective
IMF Working Papers, July 1, 2007
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- Globalization and Income Inequality: A European Perspective
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Bibliographic details
- Authors: Thomas Harjes
- Published: July 1, 2007
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451867336.001
Key findings
- 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.
- Aggregate national income data on labor income shares may tell little about the underlying distribution of incomes based on household disposable incomes.
- Summary measures of income distributions suggest that inequality has increased in most industrialized countries.
- The increase in inequality was very uneven and much less pronounced in euro-area countries.
- The unevenness and muted increase in the euro area suggest that broad phenomena such as trade liberalization and technological change may not be major drivers of inequality.
Subjects and keywords
- Subject: Income, Income distribution, Income inequality, Labor, Labor share, National accounts, Wages
- Keywords: Asia and Pacific, dividend income, Eastern Europe, Europe, Global, Globalization, Income, Income distribution, income equality, Income Inequality, incomes in the United States, Labor share, rise, wage differential, wage distribution, wage income, wage inequality, Wages, WP
Thomas Harjes. "Globalization and Income Inequality: A European Perspective", IMF Working Papers 2007, 169 (2007), accessed 9/17/2026, https://doi.org/10.5089/9781451867336.001.