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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
Between 2000 and 2013, Latin America has considerably reduced poverty (from 46.3% to 29.7% of the population). In this …, and 14% of those in the middle-class, experience poverty at least once over a ten-year period. Furthermore, chronic … poverty remains widespread (representing 91% and 50% of extreme and moderate poverty respectively). Differences between rural …
Persistent link: https://www.econbiz.de/10011290941
finds that the main factor contributing to poverty reduction has been individuals' changes in labor earnings, and the role … constraining the period's remarkable progress in poverty reduction and expansion of the middle class. …
Persistent link: https://www.econbiz.de/10011457826
This study explores the evolution of inequality in Latin America during the COVID-19 pandemic using primary data available from household and employment surveys collected in 2020. Inequality increased on average by 2 percent between 2019 and 2020, twice the average annual growth in the...
Persistent link: https://www.econbiz.de/10014516178
GDP contractions are typically associated with within-country income inequality increases. While official income inequality data for 2020 will not be available for about two years, the already available employment data for 2020 shows that the difference between highly-educated and low-educated...
Persistent link: https://www.econbiz.de/10012507140
Individuals vary considerably in how much they earn during their lifetimes. This study examines the role of the tax-and-transfer system in mitigating such inequalities, which could otherwise lead to disparities in living standards. Utilizing a life-cycle model, we determine that taxes and...
Persistent link: https://www.econbiz.de/10014419242
Persistent link: https://www.econbiz.de/10014428335
Inequity plays a fundamental role in the evaluation of social welfare in many dimensions.We revisit the concept of inequity, whether across states of world (uncertainty), across individuals (inequality) and across generations (intergenerational equity), using a common framework generalizing the...
Persistent link: https://www.econbiz.de/10011622070
redistribution decisions at the end of that period, in an environment where we keep fixed the sum of incomes over the period. First … effect of income inequality on redistribution decisions, we delve into the history behind one's income to isolate the effect …
Persistent link: https://www.econbiz.de/10012814519
Persistent link: https://www.econbiz.de/10011290939