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A New Strategy for Korea's Fiscal Policy in a Low Growth Environment
Zoli, Edda - 2018
-to-GDP well below 'dangerous' levels. Policies to address Korea's challenges include higher targeted transfers to the most …
Persistent link: https://www.econbiz.de/10012918473
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Aggregate effects of a universal social insurance fiscal reform
Antón, Arturo; Leal, Julio - 2013
social protection system (i.e., a reconfiguration of transfers); and (2) the elimination of the current social security … payroll tax to replace it with a generalized VAT (i.e., a reconfiguration of taxes). The authors find that this reform …, and generates a substantial change in occupational choices that favors wage earners. As a result, wages (before transfers …
Persistent link: https://www.econbiz.de/10011314097
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Aggregate effects of a universal social insurance fiscal reform
Antón Sarabia, Arturo; Leal, Julio - 2013
social protection system (i.e., a reconfiguration of transfers); and (2) the elimination of the current social security … payroll tax to replace it with a generalized VAT (i.e., a reconfiguration of taxes). The authors find that this reform …, and generates a substantial change in occupational choices that favors wage earners. As a result, wages (before transfers …
Persistent link: https://www.econbiz.de/10011303247
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A survey of the role of fiscal policy in addressing income inequality, poverty reduction and inclusive growth
Heshmati, Almas; Kim, Jungsuk - 2014
A growing concern on widening income gap between the rich and the poor, the policy mismatch in tackling the relative poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient growth. Developed countries have experienced the...
Persistent link: https://www.econbiz.de/10010345543
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A Survey of the Role of Fiscal Policy in Addressing Income Inequality, Poverty Reduction and Inclusive Growth
Heshmati, Almas - 2014
A growing concern on widening income gap between the rich and the poor, the policy mismatch in tackling the relative poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient growth. Developed countries have experienced the...
Persistent link: https://www.econbiz.de/10013054924
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A survey of inclusive growth policy
Heshmati, Almas; Kim, Jungsuk; Wood, Jacob - In: Economies : open access journal 7 (2019) 3/65, pp. 1-18
Background: Since the latter part of the 20th Century, countries have been particularly challenged by the trade-off that exists between delivering generous welfare provisions and strong economic growth. Such dynamics have stimulated a need to better understand the causes of income inequality so...
Persistent link: https://www.econbiz.de/10012025364
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Fiscal policy and inclusive growth in Latin America : lessons for Asia
Lee, Sang-hyop; Park, Donghyun - 2014
Broadly speaking, developing Asia and Latin America are at similar income and development levels. Relative to the advanced economies, economic growth and development are much more urgent priorities for both, yet Latin America has significantly more experience in using fiscal policy to tackle...
Persistent link: https://www.econbiz.de/10010463674
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Government Effects on the Distribution of Income : An Overview
Papadimitriou, Dimitri B. - 2011
This paper is the overview chapter of an edited volume on quot;The Distributional Effects of Government Spending and Taxation.quot; The paper offers the author's perspective on the government's role as a redistributive agent. Taxation and public spending programs are analyzed using the...
Persistent link: https://www.econbiz.de/10012714646
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Economic and politico-economic equivalence
Gonzalez-Eiras, Martín; Niepelt, Dirk - 2012
debt as a means to i) deliver intergenerational transfers or ii) smooth tax distortions. We find that certain politico … environments with distorting taxes, economic equivalence relations between policies with different levels of debt do not extend to …
Persistent link: https://www.econbiz.de/10009539630
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Fiscal Policy and Inclusive Growth in Latin America : Lessons for Asia
Lee, Sang-Hyop - 2014
Broadly speaking, developing Asia and Latin America are at similar income and development levels. Relative to the advanced economies, economic growth and development are much more urgent priorities for both, yet Latin America has significantly more experience in using fiscal policy to tackle...
Persistent link: https://www.econbiz.de/10013045113