This study investigates the dynamics of European countries social spending in the period 1980-2013, in order to assess the impact of the monetary integration on the convergence of national welfare provisions. The analysis of total social expenditure and its relative main functions for 16 Western Europe countries reveals the presence of conditional convergence patterns and an increase of its speed after the monetary integration, with the sole exception of labour policy spending. This is probably due to the achievement of a coordination among European social policies favoured by an agreement on the objectives of a European Social Model.

Convergence of welfare provision in Europe: an assessment of the monetary integration effects.

Bonasia Mariangela;Rita De Siano
2017-01-01

Abstract

This study investigates the dynamics of European countries social spending in the period 1980-2013, in order to assess the impact of the monetary integration on the convergence of national welfare provisions. The analysis of total social expenditure and its relative main functions for 16 Western Europe countries reveals the presence of conditional convergence patterns and an increase of its speed after the monetary integration, with the sole exception of labour policy spending. This is probably due to the achievement of a coordination among European social policies favoured by an agreement on the objectives of a European Social Model.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11367/70233
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