Reference : Luxembourg: Has inequality grown enough to matter?
Parts of books : Contribution to collective works
Social & behavioral sciences, psychology : Sociology & social sciences
Business & economic sciences : Social economics
http://hdl.handle.net/10993/35077
Luxembourg: Has inequality grown enough to matter?
English
Fusco, Alessio [Luxembourg Institute of Socio-Economic Research - LISER]
Van Kerm, Philippe mailto [Luxembourg Institute of Socio-Economic Research - LISER]
Alieva, Aigul [Luxembourg Institute of Socio-Economic Research - LISER]
Bellani, Luna [Luxembourg Institute of Socio-Economic Research - LISER]
Etienne-Robert, Fanny [Luxembourg Institute of Socio-Economic Research - LISER]
Guio, Anne-Catherine [Luxembourg Institute of Socio-Economic Research - LISER]
Kyzyma, Iryna [Luxembourg Institute of Socio-Economic Research - LISER]
Leduc, Kristell [Luxembourg Institute of Socio-Economic Research - LISER]
Liégeois, Philippe [Luxembourg Institute of Socio-Economic Research - LISER]
Pi Alperin, Maria Noel [Luxembourg Institute of Socio-Economic Research - LISER]
Reinstadler, Anne [Luxembourg Institute of Socio-Economic Research - LISER]
Sierminska, Eva M. [Luxembourg Institute of Socio-Economic Research - LISER]
Sologon, Denisa M. [Luxembourg Institute of Socio-Economic Research - LISER]
Thill, Patrick [Luxembourg Institute of Socio-Economic Research - LISER]
Valentova, Marie [Luxembourg Institute of Socio-Economic Research - LISER]
Voicu, Bogdan [Luxembourg Institute of Socio-Economic Research - LISER]
2014
Changing Inequalities and Societal Impacts in Rich Countries: Thirty Countries' Experiences
Nolan, Brian
Salverda, Wiemer
Checchi, Daniele
Marx, Ive
McKnight, Abigail
Tòth, Istvan
van de Werfhorst, Herman
Oxford University Press
437-458
Yes
Oxford
United Kingdom
[en] Luxembourg experienced remarkable economic performance and employment growth since the middle of the 1980s. Based on the development of the financial sector, this growth benefited massively from the contribution of immigrants and cross-border workers to the labour force. High economic growth led to a rapid improvement in the overall living standard of the resident population. During the same period, income inequality increased too, albeit modestly. Even if the country can still be considered a low inequality country by international standards, this trend is a potential source of concern. This chapter analyses the factors that explain the rise in income inequality between 1985 and 2010 and provides a descriptive account of whether this trend has been correlated with a set of social, cultural, and political outcomes. By and large, the positive impact of the improvement of overall living standards seems to have prevailed over the potential detrimental effects of increasing inequality.
European Commission - EC
http://hdl.handle.net/10993/35077
10.1093/acprof:oso/9780199687428.003.0019
http://dx.doi.org/10.1093/acprof:oso/9780199687428.003.0019

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