outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased …

question. This paper analyzes the effects of fiscal policies on income inequality in a panel of advanced and emerging market … fiscal consolidations are likely to raise inequality through various channels including their effects on unemployment …. Spending-based consolidations tend to worsen inequality more significantly, relative to tax-based consolidations. The …

combination, on GDP and inequality. We focus on three dimensions of financial inclusion: access (determined by the size of … inclusion, GDP, inequality, and the distribution of gains and losses. …

, empirical literature has found fairly weak evidence of opportunistic political cycles. This Paper tests the theory in a decade … sizable and short-lived on average; (2) the magnitude of opportunistic cycles decreases with voters' rationality and awareness … incumbent governors. Our results confirm that maturity of democracy as well as rationality and awareness of the electorate are …

and income inequality in Brazil over the period 1995-2011. The results indicate that a tighter fiscal stance at the sub …-national level is not associated with a deterioration in inequality measures. This finding contrasts with the conclusions of several … papers in the burgeoning literature on the effects of fiscal consolidation on inequality using national data for OECD …