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Income inequality and growth in Europe: key role for national policies

Darvas, Zsolt, (2017), «Income inequality and growth in Europe: key role for national policies», Bruegel, 29 Μαΐου

The literature is inconclusive whether income inequality is good or bad for growth and job creation. Offering opportunity for all segments of the population is crucial and income inequality might reduce social mobility. Income inequality in the EU is at a much lower level than in
most other parts of the world, but there are differences between the member states. National policies for fostering social mobility and more efficient redistribution are crucial. EU can do little, beyond highlighting best practices.

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