Redistribution in the Age of Austerity : Evidence from Europe , 2006 – 13 * by

@inproceedings{Schneider2015RedistributionIT,
  title={Redistribution in the Age of Austerity : Evidence from Europe , 2006 – 13 * by},
  author={Markus P Schneider},
  year={2015}
}
We examine the relationship between changes in a country’s public sector fiscal position and inequality at the top and bottom of the income distribution during the age of austerity (2006–13). We use a parametric Lorenz curve model and Gini-like indices of inequality as our measures to assess distributional changes. Based on the EU’s Statistics on Income and Living Conditions SLIC and International Monetary Fund data for 12 European countries, we find that more severe adjustments to the… CONTINUE READING

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