Showing 1 - 10 of 18
This paper examines the allocative implications of progressive income taxation when individuals care about their … relative income. It shows that tax progressivity might improve efficiency, and the more so in egalitarian economies …. Introducing a progressive income tax can yield a Pareto improvement if pre-tax income is evenly distributed. Implementing …
Persistent link: https://www.econbiz.de/10005406276
Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects...
Persistent link: https://www.econbiz.de/10010943424
This paper presents evidence on the relationship between economic shocks to relative male wages and changes in household consumption in Mexico during the 1990s, which is a period characterized by high volatility. In addition to performing this type of analysis for Mexico for the first time, the...
Persistent link: https://www.econbiz.de/10010943675
This paper provides an estimation of the size of income and demand automatic stabilizers in a representative sample of … size of income and demand automatic stabilizers coefficients is much smaller than the size of these coefficients in Europe … income stabilization coefficient and two others affecting directly the demand stabilization coefficient. The main results …
Persistent link: https://www.econbiz.de/10010943765
This paper argues that there is no country in Latin America where we can confidently say that income inequality … schooling are the main reason why income distribution has not improved in the 1990s. However, the lack of progress in income …
Persistent link: https://www.econbiz.de/10010944090
Some analysts rank Chile as the only Latin American economy that qualifies as a 'take-off economy,' or development economy. In a sense, Chile's enduring success and proved insulation from the 'Tequila effect' are due to its high national savings. What has made Chile's savings so high? What were...
Persistent link: https://www.econbiz.de/10010944299
into education groups to determine whether there are differences in saving behavior along the distribution of income. Third …
Persistent link: https://www.econbiz.de/10010944347
The use of income distribution indicators in the economics literature has increased considerably in recent years. This …
Persistent link: https://www.econbiz.de/10010944543
This paper documents the income distribution changes experienced by Argentina during the last decades. Inequality … have shaped Argentina's income distribution: deep macroeconomic crisis and periods of openness and integration. The sizable … particular severity of the income distribution changes in Argentina. This paper was prepared for the Labor Markets and …
Persistent link: https://www.econbiz.de/10009320049
The purpose of this paper is to describe the performance of the Venezuelan labor market in the period between 1982 and 1995, and to analyze its impact on the evolution of poverty. This period analyzed is a convulsed one, one within Venezuela that suffered from the consequences of both changes in...
Persistent link: https://www.econbiz.de/10009357923