Ciminelli, Gabriele; Ernst, Ekkehard; Giuliodori, Massimo; … - 2017
income disparities, policy-makers have fretted about the inequality effects of fiscal consolidations. We shed new light on … this issue by empirically investigating the (composition) effects of tax-based consolidations on income inequality, output …-based consolidations reduce income inequality, but at the cost of weaker economic activity. However, tax composition does matter. Indirect …