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Who benefits from public spending? Who bears the burden of taxation? How desirable is the distribution of net benefits from the operation of a tax-benefit system? This paper surveys basic concepts, methods, and modeling approaches commonly used to address these issues in the context of fiscal...
Persistent link: https://www.econbiz.de/10012552377
The importance of distributional issues in policymaking creates a need for empirical tools to assess the social impact of economic shocks and policies. This paper reviews some of the modeling approaches that are currently in use at the World Bank and other international financial institutions....
Persistent link: https://www.econbiz.de/10012554141
open economy. It is observed that, while aggregate welfare and poverty effects may be negligible, the structural and … distributional impacts tend to be significant. The latter drive the political economy of policymaking and point to the need for an … analytical framework that accounts for both the structural richness of the economy and the heterogeneity of the stakeholders …
Persistent link: https://www.econbiz.de/10012554243
Starting with a general impact indicator as an evaluation criterion, The author offers an integrative framework for a unified discussion of various concepts and measures of pro-poor growth emerging from the current literature. He shows that whether economic growth is considered pro-poor depends...
Persistent link: https://www.econbiz.de/10012559815