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Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies
Prasad, Eswar - 2013
Distributional consequences typically receive limited attention in economic models that analyze the effects of monetary and financial sector policies. These consequences deserve more attention since financial markets are incomplete, imperfect, and economic agents' access to them is often...
Persistent link: https://www.econbiz.de/10010328965
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Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies
Prasad, Eswar - Institute for the Study of Labor (IZA) - 2013
Distributional consequences typically receive limited attention in economic models that analyze the effects of monetary and financial sector policies. These consequences deserve more attention since financial markets are incomplete, imperfect, and economic agents' access to them is often...
Persistent link: https://www.econbiz.de/10010885185
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The Distributional Impact of Recurrent Immovable Property Taxation in Greece
Andriopoulou, Eirini; Kanavitsa, Eleni; Leventi, Chrysa; … - 2020
examines in detail their distributional impact and finds that they led to increases in inequality and (relative) poverty. The … result is stronger in the case of inequality indices that are relatively more sensitive to changes close to the bottom of the …
Persistent link: https://www.econbiz.de/10012270183
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Redistributive Effect and the Progressivity of Taxes and Benefits: Evidence for the UK, 1977-2018
Herault, Nicolas; Jenkins, Stephen P. - 2021
We apply the Kakwani approach to decomposing redistributive effect into average rate, progressivity, and reranking … effects of direct and indirect taxes are mostly associated with changes in progressivity. For in-kind benefits, changes in the … average benefit rate and progressivity each played the major roles at different times. …
Persistent link: https://www.econbiz.de/10012882395
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Evaluating Labor Market Reforms : A General Equilibrium Approach
Galdon-Sanchez, José Enrique; Fernández-Villaverde, Jesús - 2004
Job security provisions are commonly invoked to explain the high and persistent European unemployment rates. This belief has led several countries to reform their labor markets and liberalize the use of fixed-term contracts. Despite how common such contracts have become after deregulation, there...
Persistent link: https://www.econbiz.de/10010273739
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Evaluating Labor Market Reforms: A General Equilibrium Approach
Alonso-Borrego, César; Fernández-Villaverde, Jesús; … - Institute for the Study of Labor (IZA) - 2004
Job security provisions are commonly invoked to explain the high and persistent European unemployment rates. This belief has led several countries to reform their labor markets and liberalize the use of fixed-term contracts. Despite how common such contracts have become after deregulation, there...
Persistent link: https://www.econbiz.de/10005762388
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Social interactions in the labor market
Grodner, Andrew; Kniesner, Thomas J.; Bishop, John A. - 2011
We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...
Persistent link: https://www.econbiz.de/10010280680
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Social Interactions in the Labor Market
Grodner, Andrew; Kniesner, Thomas J.; Bishop, John A. - Institute for the Study of Labor (IZA) - 2011
We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...
Persistent link: https://www.econbiz.de/10009283580
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The Changing Structure of Immigration to the OECD: What Welfare Effects on Member Countries?
Burzynski, Michal; Docquier, Frédéric; Rapoport, Hillel - 2018
We investigate the welfare implications of two pre-crisis immigration waves (1991– 2000 and 2001–2010) and of the post-crisis wave (2011–2015) for OECD native citizens. To do so, we develop a general equilibrium model that accounts for the main channels of transmission of immigration...
Persistent link: https://www.econbiz.de/10011931575
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Global reform of personal income taxation, 1981 - 2005: evidence from 189 countries
Peter, Klara Sabirianova; Buttrick, Steve; Duncan, Denvil - 2009
progressivity and complexity of national tax systems. We show that frequent alterations of tax structures have reduced tax rates at … higher levels of income and diminished the overall progressivity and complexity of national tax systems; however, the degree …
Persistent link: https://www.econbiz.de/10010269377