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addition, taxes and transfers contribute less to income redistribution than in other OECD countries. If well designed, reforms …
Persistent link: https://www.econbiz.de/10009767746
Persistent link: https://www.econbiz.de/10009690332
This paper provides an empirical investigation on the drivers of tax and transfer income redistribution to working …. The analytical approach is based on a reduced-form model of income redistribution which is estimated through cross …-country-time series regressions. The baseline model builds on the political economy literature of income redistribution and includes a set …
Persistent link: https://www.econbiz.de/10011914266
This paper produces a comprehensive assessment of income redistribution to the working-age population, covering OECD … countries over the last two decades. Redistribution is quantified as the relative reduction in market income inequality achieved … overall redistribution, the respective role of various categories of transfers for transfer redistribution; as well as …
Persistent link: https://www.econbiz.de/10011823689
Income inequality in Colombia has declined since the early 2000s but remains very high by international standards. While most of the inequality originates from the labour market, wealth – and thus capital income – is also highly concentrated and the tax and transfer system has little...
Persistent link: https://www.econbiz.de/10009769634
Brazil has made remarkable progress in reducing poverty and inequality. This reduction is explained by strong growth but also by effective social policies. Besides growth, public services and cash transfers have played the biggest role, the latter notably through the successful “Bolsa...
Persistent link: https://www.econbiz.de/10010231401
Australia has seen large rises in living standards over the last decades across the whole of the income distribution. Technological change and international trade have contributed to this success, but have also brought structural change. Some industries have declined, while others flourished....
Persistent link: https://www.econbiz.de/10011998476
New indicators measuring the effects of public spending on inclusive growth have been constructed using recent empirical work by Fournier and Johansson (2016) and a recent public finance dataset (Bloch et al., 2016). A first set of indicators combines information on the mix of public spending....
Persistent link: https://www.econbiz.de/10011914165
This paper surveys the theoretical and empirical research on the relationship between local taxation, land use regulation and land use patterns. The findings can be summarized as follows: 1) In more fiscally decentralized settings, sub-national land use regulation and fiscal policies encourage...
Persistent link: https://www.econbiz.de/10011700209
Japan’s gross government debt of 226% of GDP in 2018 is the highest ever recorded in the OECD area, and places the economy at risk. The government now aims to achieve a primary surplus by FY 2025. Additional fiscal consolidation, based on a detailed plan covering specific spending cuts and tax...
Persistent link: https://www.econbiz.de/10012111109