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@article{ Kvedaras2020, title = {Convergence of income distributions: Total and inequality-affecting changes in the EU}, author = {Kvedaras, Virmantas and Cseres-Gergely, Zsombor}, journal = {Economics Letters}, pages = {1-6}, volume = {188}, year = {2020}, issn = {1873-7374}, doi = {https://doi.org/10.1016/j.econlet.2020.108946}, urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-76007-3}, abstract = {By adapting the statistical framework suggested by Székely and Rizzo (2004) and considering the convergence of income distributions instead of aggregate (e.g., average) income, we exploit the scale-independence property of proper inequality metrics to evaluate not only the total but also the inequality-affecting (shape-influenced) convergence of income distributions. We illustrate the application using Monte Carlo experiments and characterizing the convergence of net equivalized income distributions among European Union member states.}, keywords = {Konvergenz; convergence; Verteilung; distribution; EU; EU; Einkommen; income; Ungleichheit; inequality; Einkommensverteilung; income distribution; Einkommensunterschied; difference in income}}