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This paper uses standard fiscal incidence analysis to study how much income redistribution and poverty reduction are … heterogeneity in the income inequality and poverty-reducing power of LAC fiscal systems. While all LAC fiscal systems reduce income … inequality, fiscal systems in nine LAC countries are poverty-increasing, and this startling characteristic has not improved over …
Persistent link: https://www.econbiz.de/10014546273
typically invisible in income data, distorting our understanding of the extent of income inequality. A recent strand of research … has illustrated the importance of accounting for retained earnings for measuring inequality. In this paper, we study the … role of privately held firms in income inequality in Finland, including the role of retained earnings, but also taking a …
Persistent link: https://www.econbiz.de/10014487348
This paper joins in the debate on the size of the middle class in Latin America, providing an analysis of its structure and characteristics. Using several measurements, it finds that 40-60 percent of Latin American households are middle class, a share which has consolidated over the past decade....
Persistent link: https://www.econbiz.de/10011289501
This working paper advances research on inequality with unique, new data on income distribution in 61 countries …, including 20 Latin American countries, to explore the effects of political parties on redistribution. First, consistent with a … younger and older parties, older left-wing parties are more likely to internalize the long-run costs of redistribution and to …
Persistent link: https://www.econbiz.de/10011290253
We study earnings and income inequality in Britain over the 25 years prior to the COVID-19 pandemic. We focus on the … redistribution kept the gap in disposable income between those same households roughly constant, while also closing the gap between … some decline in income inequality across the middle 90% of the distribution. In the past decade, key trends turned around …
Persistent link: https://www.econbiz.de/10013167640
Persistent link: https://www.econbiz.de/10012244570
Persistent link: https://www.econbiz.de/10014335693
-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in …
Persistent link: https://www.econbiz.de/10014419242
Persistent link: https://www.econbiz.de/10012793023
national income (or wealth) appropriated by the same income group. In turn, we develop the Fiscal Inequality Coefficient which …
Persistent link: https://www.econbiz.de/10011756097