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outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased …
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question. This paper analyzes the effects of fiscal policies on income inequality in a panel of advanced and emerging market … fiscal consolidations are likely to raise inequality through various channels including their effects on unemployment …. Spending-based consolidations tend to worsen inequality more significantly, relative to tax-based consolidations. The …
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Economists have studied for a long time how decision-makers allocate scarce resources. The recent literature on rational inattention studies how decision-makers allocate the scarce resource attention. The idea is that decision-makers have a limited amount of attention and have to decide how to...
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