Income distribution in Europe and the United States
- 1 March 1996
- journal article
- research article
- Published by Oxford University Press (OUP) in Oxford Review of Economic Policy
- Vol. 12 (1) , 15-28
- https://doi.org/10.1093/oxrep/12.1.15
Abstract
This paper assembles, and presents in a straightforward way, empirical evidence about thepersonal distribution of income in Europe and makes a comparison with the United States. Itseeks to answer the following questions. Is income inequality in the countries of Europe muchless than in the United States (US)? Does this imply that low income families in the US areactually worse off than their counterparts in Europe, despite the higher average income in the US?Is this a new situation in that...Keywords
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