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create a “simulated tax redistribution index”, which captures the mechanical impact of the changes in tax policy on the gini … coefficient, but is exogenous to any behavioral response. Analyzing the effect of this redistribution index on inequality, I find … process further, I create a new class of tax redistribution measures, based on the S-Gini, which differentially weight effects …
Persistent link: https://www.econbiz.de/10004970062
In this paper we assess empirically whether financial inclusion contributes to reducing income inequality when controlling for other key factors, such as economic development and fiscal policy. We conclude that financial inclusion contributes to reducing income inequality to a significant...
Persistent link: https://www.econbiz.de/10011158361
This paper is the first to decompose absolute global income inequality into its within-country ?class? and between-country ?location? components. The estimates show that until 1970 locational income differences were the main driver of absolute global inequality, whereas its recent growth can be...
Persistent link: https://www.econbiz.de/10011211266
naturally from realistic features of the model and appropriate redistribution can correct the inefficiencies except at a fairly …
Persistent link: https://www.econbiz.de/10008476367
-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve …-led redistribution to the poor. These patterns suggest that short-run inequality shocks can be reinforced in the labor market but do not … result in weaker political preferences for redistribution. …
Persistent link: https://www.econbiz.de/10010945116
Poor growth performance over the past decades in Europe has increased concerns for rising income dispersion and social exclusion. European authorities have recently launched the Europe 2020 strategy which aims to improve social inclusion in Europe on top of already existing European regional...
Persistent link: https://www.econbiz.de/10011276988
progressivity and redistribution. The Navarrese system throws a fiscal pressure similar to the Basque, but with the progressivity …
Persistent link: https://www.econbiz.de/10010841054
In order to investigate the redistributional effects induced by personal income tax, empirical researchers are used to fixing a common distribution of income before tax for all tax schedules being compared. On one hand, this approach allows us to isolate the effect of tax policies. On the other...
Persistent link: https://www.econbiz.de/10008475961
redistribution to finance abatement. By comparing the optimal taxation under alternative political regimes we analyze their … implications for environment, efficiency and growth. We find that left regimes, choosing more progressive redistribution, maintain …, and it dampens the effect of democracy imperfections on redistribution. …
Persistent link: https://www.econbiz.de/10005464760
The paper deals with distributional issues in environmental economics. It considers a single-good market under perfect competition and a negative externality. The decision-maker uses an emission standard or an emission tax, whose revenue is recycled. Under the assumption that she distinguishes...
Persistent link: https://www.econbiz.de/10005582204