The distributional effects of austerity measures : a comparison of six EU countries

In Greece, the better off lose a higher proportion of their incomes than the poor with the austerity measures. In Portugal, the poor lose a higher proportion than the rich.

We compare the distributional effects of austerity measures that have been introduced in 6 EU countries in the period of large gorvernment budget deficits following the 2007-8 financial crisis and subsequent economic downturn. We explore the effects of policy changes presented as "austerity measures" in Estonia, Ireland, Greece, Spain, Portugal and the UK, using the EU microsimulation model EUROMOD and the Irish national model, SWITCH.

Using a set of common assumptions we find that the burden of fiscal consolidation brought about through changes in components of houselhold disposable income is shared differently across the income distribution in the six countries. At one extreme, in Greece, the better off lose a higher proportion of their incomes than the poor and at the other, in Portugal, the poor lose a higher proportion than the rich.

Please click below to read the full article on Social situation observatory website.

The distributional effects of austerity measures :
a comparison of six EU countries

Source : Tim Callan, Chrysa Leventi, Horacio Levy, Manos Matsaganis, Alari Paulus & Holly Sutherland, "The distributional effects of austerity measures : a comparison of six EU countries", Social situation observatory, Research note 2/2011.


Données

La richesse par habitant en Europe

Avec un Produit intérieur brut (PIB) par habitant de 12 100 euros [1], la Bulgarie est (...)

● Lire la suite

Éducation et formation tout au long de la vie en Europe

Le départ prématuré de l’école En 2013, 11,9 % des jeunes européens de 18 à 24 ans sont (...)

● Lire la suite


Analyses

An EU Perspective On Wage Inequality

It is still far-fetched to speak about a single European labour market but the very (...)

● Lire la suite

Les niveaux de revenus au sein de l’Union européenne

Les inégalités de revenus [3] entre les populations européennes sont considérables, en (...)

● Lire la suite


Recherche scientifique

Ethical Justifications of Social Europe

Is a European Social union desirable ? And is it feasible ? Many politicians are (...)

● Lire la suite

Crisis and Inequality in Europe

The development of inequality Inequality in Europe has two dimensions : (a) (...)

● Lire la suite


Sondages et opinions

Que pensent les Européens des inégalités hommes/femmes ?

L’enquête datée de mars 2012 interroge le rapport des Européens aux inégalités (...)

● Lire la suite

Les Hongrois pleurent ensemble et stagnent ensemble

Comme indiqué dans des articles précédents, la moitié de la population hongroise (...)

● Lire la suite


19 janvier 2012

Thèmes : • Salaires

Données

Même thème