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We examine the relationship between changes in a country’s public sector fiscal position and inequality at the top and bottom of the income distribution during the age of austerity (2006–13). We use a parametric Lorenz curve model and Gini-like indices of inequality as our measures to assess...
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Europe and Central Asia during the past dozen years? Second, how might changes in (a) output composition and (b) financial … product. These findings suggest that the countries of Europe and Central Asia have reason to be prudent in terms of fiscal …
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