Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/234961 
Year of Publication: 
2021
Citation: 
[Journal:] Economic Computation and Economic Cybernetics Studies and Research [ISSN:] 1842-3264 [Volume:] 55 [Issue:] 2 [Publisher:] Academy of Economic Studies [Place:] Bucharest [Year:] 2021 [Pages:] 125-142
Publisher: 
Academy of Economic Studies, Bucharest
Abstract: 
This paper assesses the impact of certain social factors on income inequalities in the EU. We applied Panel Estimated Generalized Least Squares method on two clusters, developed vs developing countries. We concluded that the relationship between historical income inequality and its current dimensions is stronger in developing than in developed countries. We also found a higher capacity of social expenditure to reduce income inequality in developed countries, and a positive relationship between unemployment and income inequality in both clusters. Moreover, we identified a positive relationship between tertiary education attainment in developed EU countries, but a negative one in developing countries. Excessive income inequalities affect social and economic dimensions, this being a real issue which can only be addressed at governmental level, by effective and inclusive public policies, which shall be aligned with cultural, social, economic and fiscal features.
Subjects: 
income
inequality
social determinants
development
panel
JEL: 
C33
D63
O11
H55
Persistent Identifier of the first edition: 
Document Type: 
Article
Document Version: 
Published Version
Appears in Collections:






Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.