Reference : Luxembourg: Has inequality grown enough to matter?

	Document type :	Parts of books : Contribution to collective works
	Discipline(s) :	Social & behavioral sciences, psychology : Sociology & social sciences Business & economic sciences : Social economics
	To cite this reference:	http://hdl.handle.net/10993/35077

Title :	Luxembourg: Has inequality grown enough to matter?
Language :	English
Author, co-author :	Fusco, Alessio [Luxembourg Institute of Socio-Economic Research - LISER]
	Van Kerm, Philippe [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]
Publication date :	2014
Main document title :	Changing Inequalities and Societal Impacts in Rich Countries: Thirty Countries' Experiences
Editor :	Nolan, Brian
	Salverda, Wiemer
	Checchi, Daniele
	Marx, Ive
	McKnight, Abigail
	Tòth, Istvan
	van de Werfhorst, Herman
Publisher :	Oxford University Press
Pages :	437-458
Peer reviewed :	Yes
City :	Oxford
Country :	United Kingdom
Abstract :	[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.
Funders :	European Commission - EC
Permalink :	http://hdl.handle.net/10993/35077
DOI :	10.1093/acprof:oso/9780199687428.003.0019
Other URL :	http://dx.doi.org/10.1093/acprof:oso/9780199687428.003.0019

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