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Reposted by Stefano Filauro

VoxEU @ CEPR @voxeu.org · 03/03/2025

Less income #inequality between #EU states is driven by labour incomes in lower-income countries. A more centralised fiscal framework can play a crucial role in shaping EU-wide inequality. @stefanofilauro.bsky.social @zparolin.bsky.social @pietrovaletto.bsky.social cepr.org/voxeu/column... #EconSky

A bar graph of inequality in the EU showing decomposition by country, post-tax/transfer income in 2007 and 2019. Within-country inequality rises between 2007-2019 while between-country inequality falls.

Between 2007 and 2019, inequality within many EU countries increased, while inequality between countries declined. This column examines these seemingly contradictory trends, as well as the role played by market inequality and redistribution. Most of the progress has been driven by rising labour incomes in lower-income countries. Changes in employment, education, and demographics had a minor impact on reducing inequality. By more effectively targeting disadvantaged regions and vulnerable groups, cohesion policy can help counteract rising within-country inequality. A harmonised tax transfer system across countries or a more centralised fiscal framework can play a crucial role in shaping EU-wide inequality.

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Reposted by Stefano Filauro

Alessandro Leonardi @aleequilibrium.bsky.social · 09/02/2025

Non c'è nessun "rinascimento" in corso, nessun boom economico, l'interesse verso la politica è ai minimi termini e il declino dell'Italia prosegue senza sosta. Il governo però mantiene i consensi... Ma di quali reali consensi stiamo 1/9 Grafici di @pagellapolitica.it

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Reposted by Stefano Filauro

Zach Parolin @zparolin.bsky.social · 08/01/2025

Child poverty in the U.S. is four times as likely to lead to adult poverty than in Denmark and Germany, and twice as likely than in the UK and Australia. Why? I write about our findings on "the intergenerational persistence of poverty" today in The Atlantic: www.theatlantic.com/ideas/archiv...

theatlantic.com

Why Poor American Kids Are So Likely to Become Poor Adults

Most scholarship on the subject focuses on conditions during childhood. But government support during adulthood plays the biggest role.

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