Inequality implications of European economic and monetary union membership: A reassessment

  title={Inequality implications of European economic and monetary union membership: A reassessment},
  author={P. Arestis and P. Phelps},
  journal={Environment and Planning A: Economy and Space},
  pages={1443 - 1472}
  • P. Arestis, P. Phelps
  • Published 2018
  • Economics
  • Environment and Planning A: Economy and Space
  • A growing number of studies have concluded that the European economic and monetary union has exacerbated inequalities in income, wealth and society. Furthermore, the endogeneity of income inequality is now becoming recognised as an important part of the cost–benefit analysis of euro currency adoption. Yet the nature, significance and scale of different monetary (and market) integration channels in operation remain uncertain. In this contribution, we employ static and dynamic panel data… CONTINUE READING

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