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results are interpreted in terms of poverty and inequality statistics while closely looking into the assumptions of the … inequality decidedly compared to current levels. This effect is even stronger in the second scenario, however, it results in … unrealistically high tax rates, especially for Italy. The impact on poverty and inequality of the HNIT scheme is markedly higher for …
Persistent link: https://www.econbiz.de/10011751668
In this paper we want to provide an utopian attempt to tackle inequality and to tackle, most specifically, what we … consider the cultural and ethical origin of inequality: paid work. We believe that a globalised world, structured around the … the UK. Our main findings suggest that UII has a positive effect on inequality an almost null effect on poverty and strong …
Persistent link: https://www.econbiz.de/10012439110
This paper presents findings on the changing effectiveness of cash transfers and income taxes on inequality and poverty … and inequality. The strength of the relationship varies between countries and in some cases between the all age and the …
Persistent link: https://www.econbiz.de/10011289926
. Stabilizing their baseline income can make workers more tolerant of inequality. We present evidence of this attitude in the UK by … Survey, we show that workers that benefited from the NMW program became relatively more tolerant of inequality and more …
Persistent link: https://www.econbiz.de/10013484946
The New Consensus approach in macroeconomics is criticised for its exclusive but unwarranted reliance on stabilising monetary policies, for its ill-designed approach to the role of wages and wage policies, and for its complete neglect of fiscal policies. From a Post-Keynesian perspective, it is...
Persistent link: https://www.econbiz.de/10003744540
Persistent link: https://www.econbiz.de/10010241902
In the paper we show that, most of the time, smooth reduction in the debt ratio is optimal for tax-smoothing purposes when fiscal risks are asymmetric, with large debt-augmenting shocks more likely than commensurate debt reducing shocks. Asymmetric risks are a feature of 200 years of data for...
Persistent link: https://www.econbiz.de/10012977785
With tightening public finances, land value capture (LVC) can be an attractive fiscal tool to finance ever-increasing demands for transport infrastructure. This paper begins by discussing the principles of LVC and individual LVC instruments in the context of infrastructure provision, with a...
Persistent link: https://www.econbiz.de/10013278678
This paper examines the distributional impacts of the changes to benefits, tax credits, pensions and direct taxes between the UK Elections in May 2010 and in May 2015. It also looks ahead to the longer-term effects of changes and plans that were announced by the 2010-2015 Coalition government,...
Persistent link: https://www.econbiz.de/10011317097
Several features of Tanzania's budget system find their roots in the arrangements inherited from the United Kingdom. These include a legal framework that emphasizes accountability' a cabinet of ministers with strong budget decision-making powers' a parliament with very limited budget powers' and...
Persistent link: https://www.econbiz.de/10012777193