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Standard of Living in the European Union

Author

Listed:
  • Stávková, Jana
  • Žufan, Pavel
  • Birčiaková, Naďa

Abstract

This chapter focuses on the measurement of standard of living and on the factors influencing its level. Specific attention is paid to the indicators of standard of living, and the frequent employment of GDP is discussed and compared with possible alternatives. Household income is also a factor of central importance in determining standard of living, and the chapter assesses this factor in terms of household income distribution, the setting of poverty limits, the measurement of income disparity and the causes and effects of poverty. The situation is monitored in five selected EU countries: the Czech Republic, Finland, France, Spain and the United Kingdom.

Suggested Citation

  • Stávková, Jana & Žufan, Pavel & Birčiaková, Naďa, 2012. "Standard of Living in the European Union," MPRA Paper 48850, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:48850
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    References listed on IDEAS

    as
    1. Van de Kerk, Geurt & Manuel, Arthur R., 2008. "A comprehensive index for a sustainable society: The SSI -- the Sustainable Society Index," Ecological Economics, Elsevier, vol. 66(2-3), pages 228-242, June.
    2. Jana Stávková & Ladislav Stejskal & Ľudmila Nagyová, 2011. "Income differentiation of households in the CR," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 59(2), pages 307-318.
    3. International Monetary Fund, 2010. "Bhutan: Poverty Reduction Strategy Paper," IMF Staff Country Reports 2010/180, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Standard of living; Indicators; Income situation; Disparity; Poverty.;
    All these keywords.

    JEL classification:

    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

    Statistics

    Access and download statistics

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