La Grande Recessione ha generalmente peggiorata la distribuzione dei redditi delle famiglie. Tuttavia, la presenza dello stato sociale ha svolto un ruolo significativo per alleviare le disuguaglianze.
The Great Recession has generally worsened the distribution of household incomes. Yet,the presence of important welfare state plays a significant role in alleviating the inequalities.
A number of economists warned that a political union was a prerequisite for a viable currency union. This paper disputes the feasibility of such a political union.
