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This paper examines the distributional impact of increases to out-of-work transfers, increases to work-contingent transfers, and increases in higher rates of income tax over the whole of life. We find that, in contrast to what is implied by standard snapshot analyses, increases to...
Persistent link: https://www.econbiz.de/10012028703
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/10011956678
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/10014551561
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/10012287840
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/10012389712
Thirty years after the "Washington Consensus", is there a new policy consensus that addresses the problem of inequality … surprisingly, on what the actual levels of income inequality are, and there are common misperceptions about their trends. In policy …
Persistent link: https://www.econbiz.de/10014377325
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/10011786831
fractionalization and group antagonism reduce the support for redistribution. Whereas within group inequality increases support for … redistribution, inequality between groups has the opposite effect. All these results hold even if a poor group is in majority. Using … increases and between race inequality decreases redistribution. …
Persistent link: https://www.econbiz.de/10010284464
component that has increased the most, the highest inequality impact was driven by the taxation of housing-related energy …
Persistent link: https://www.econbiz.de/10014230293
fractionalization and group antagonism reduce the support for redistribution. Whereas within group inequality increases support for … redistribution, inequality between groups has the opposite effect. All these results hold even if a poor group is in majority. Using … increases and between race inequality decreases redistribution. …
Persistent link: https://www.econbiz.de/10005652356