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lifetime poor as increases to out-of-work benefits. This has important implications for the equity-efficiency trade … are an effective way of targeting the lifetime rich, as incomes are more persistent towards the top of the distribution …
Persistent link: https://www.econbiz.de/10011718884
The distributional impact of proposed reforms plays a central role in public debates around tax and transfer policy. We show that accounting for realistic patterns of mobility in employment, earnings and household circumstances over the life-cycle greatly affects our assessment of the...
Persistent link: https://www.econbiz.de/10011534291
This papers quantifies the redistributive effects on progressivity, poverty and welfare, that would occur if the monetary benefits currently in place in the Spanish system were to be replaced by a neutral alternative in terms of spending, granting a universal basic income (UBI) to everyone. We...
Persistent link: https://www.econbiz.de/10012008734
for redistribution. We leverage a quasi-experiment in Finland, where every year on the so-called tax day, the authorities … earnings of the top 10% are unfair, but that public support for redistribution remains largely unaffected. A notable exception … are top earners, who decrease their support for redistribution, and young people, who increase their support for …
Persistent link: https://www.econbiz.de/10014229860
also who moves up and down the income ladder over time. While income inequality has increased in most OECD countries, in … progressive taxation has also reduced the top 1 per cent’s share of disposable income. This paper finds that income inequality … to greater income inequality but also higher upward income mobility. Indeed, the analysis in the paper shows upward …
Persistent link: https://www.econbiz.de/10012202850
Persistent link: https://www.econbiz.de/10012508748
This paper aims to advance understanding about the relationship between taxation and inequality in developing countries … taxes promoted the progressivity of the tax system and contributed to the reduction of inequality. Yet, the effectiveness of …
Persistent link: https://www.econbiz.de/10011532297
The inheritance tax is often seen as an effective tool to reduce wealth inequality, to raise public budgets if needed … tool for fighting wealth inequality without having distorting effects for the economy. For this purpose, the distributional …
Persistent link: https://www.econbiz.de/10012419216
deal with vertical inequality - that is, fostering redistribution from the rich to the poor - less is known about their … performance in dealing with horizontal inequality, that is, in redistributing among socio-economic groups. In a context where … individuals may not only care about vertical redistribution, but also about the economic situation of the specific groups they …
Persistent link: https://www.econbiz.de/10011962206
Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from … income inequality and government size, measured as the government expenditure share in GDP. Using a novel instrument - the … the true role of the government in attenuating income inequality. The estimated relationship between income inequality and …
Persistent link: https://www.econbiz.de/10012151150