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We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to disentangle the policy effect from changing market incomes. Over the period 1979-2007, the cumulative policy effect aggravated inequality by increasing the income share of the top...
Persistent link: https://www.econbiz.de/10010957610
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to disentangle the direct policy effect from the effect of changing market incomes. Over the whole period 1979-2007 the cumulative tax policy effect aggravated income inequality...
Persistent link: https://www.econbiz.de/10011085100
The paper sets out two views of the facts about the effects of globalization on world poverty and inequality. The … bottom line: globalization is not the cause, but neither is it the solution to world poverty and inequality. The paper then …
Persistent link: https://www.econbiz.de/10005162681
social programs in virtually all countries, poverty and high inequality remain deeply entrenched. In this paper we ask the … – both in increasing growth and in directly reducing poverty. We define social policy broadly to include economy-wide (“macro …” and employment and other structural) policies that affect poverty and social justice in foreseeable ways, as well as …
Persistent link: https://www.econbiz.de/10005162682
, poverty and high inequality remain deeply entrenched. Integration into the global economy in the 1990s brought increased … paper the logic of going beyond the standard, poverty-targeted, elements of good social policy to a modern social contract …
Persistent link: https://www.econbiz.de/10005509587
Increasing integration has made the great challenge of reducing poverty and advancing human development more achievable … why good global economic governance matters for reducing poverty and inequality in the world, and then develop several …
Persistent link: https://www.econbiz.de/10005509599
Persistent link: https://www.econbiz.de/10009143514
Movements in and out of poverty are of core interest to both policymakers and economists. Yet the panel data needed to … analyze such movements are rare. In this paper we build on the methodology used to construct poverty maps to show how repeated … cross-sections of household survey data can allow inferences to be made about movements in and out of poverty. We illustrate …
Persistent link: https://www.econbiz.de/10010753707
We argue that survey-based median household consumption expenditure (or income) per capita be incorporated into standard development indicators, as a simple, robust, and durable indicator of typical individual material well-being in a country. Using household survey data available for low- and...
Persistent link: https://www.econbiz.de/10010737589
The 2008-09 crisis has shown that some euro area member countries were unable to sufficiently stabilize their economies which has given rise to a debate about deeper fiscal integration in Europe. In this paper, we analyze the redistributive and stabilizing effects of two scenarios of fiscal...
Persistent link: https://www.econbiz.de/10010957682