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comparable methodology yields the following results. Direct taxes and cash transfers reduce inequality and poverty by nontrivial … at government costs, they reduce inequality in all countries by considerably more than cash transfers, reflecting their …
Persistent link: https://www.econbiz.de/10010878122
Conventional wisdom states that fiscal policy redistributes little in Latin America. Lower tax revenues and – above all – lower and less progressive transfers have been identified as the main cause. Existing studies show that, while in Europe the distribution of all transfers combined (cash...
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Fiscal policy can change poverty and inequality substantially or slightly depending on the government’s redistributive … and human capital accumulation, as well as with reducing inequality. The Commitment to Equity Assessment (CEQ) evaluates … independent evaluations. CEQ relies on inequality, poverty and tax and benefit incidence analyses. …
Persistent link: https://www.econbiz.de/10009249979
Inequality and poverty fell sharply in many Latin American countries during a decade in which voters in ten countries … econometric evidence that social democratic regimes in Brazil and Chile were more successful at reducing inequality and poverty … Venezuela started the 1990-2008 sample window with lower levels of inequality, so to some extent recent reductions in inequality …
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distribution in a long run perspective. The second one focuses on the inverse causality between inequality and growth. This paper … aims at reviewing this second view about the effects of initial inequality of income and wealth on future growth rate. The … theoretical literature suggests several channels through which inequality might be harmful for growth, namely three economic …
Persistent link: https://www.econbiz.de/10005413373
This paper contributes to the debate over the relationship between inequality and inclusive growth by testing the … proposition of a kinked-non linear relationship between income inequality and economic growth in a country specific context. The …. An inverted ``U'' shaped relationship is demonstrated, showing that low levels of inequality exert a positive correlation …
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