Showing 1 - 10 of 4,734
This paper calculates automatic stabilization in Ghana, South Africa, and Ecuador to explain income cushioning amid income and demand shocks. Fiscal policies within these countries are also stress tested to gauge welfare contingencies and insurance. A discretionary action approach is adopted for...
Persistent link: https://www.econbiz.de/10013269672
-being of residents. A provision of the Tax Cuts and Jobs Act aimed to spur private investment in low-income areas called … Opportunity Zones (OZs). We evaluate the impact of OZs on investment using data on the near-universe of commercial retail, office … estimates of the effect of OZ eligibility on census tract-level investment. Additional data from MasterCard show no robust …
Persistent link: https://www.econbiz.de/10014451260
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
Persistent link: https://www.econbiz.de/10010461943
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
Persistent link: https://www.econbiz.de/10011976643
Persistent link: https://www.econbiz.de/10011575898
Persistent link: https://www.econbiz.de/10011575906
Persistent link: https://www.econbiz.de/10011716944
Using comparable fiscal incidence analysis, this paper examines the impact of fiscal policy on inequality and poverty in 25 countries for around 2010. Success in fiscal redistribution is driven primarily by redistributive effort (share of social spending to GDP in each country) and the extent to...
Persistent link: https://www.econbiz.de/10011580618