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In Fiscal Policy and Social Welfare John Creedy examines alternative tax and transfer systems and their redistributive effects. Drawing on original research, this volume concentrates on modelling tax structures and their implications for social welfare and income distribution. After reviewing...
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rise in income inequality using the standard labour supply/demand explanation. Fiscal redistribution has become less … effective in compensating increasing inequalities since the 1990s. Some of the basic features of redistribution can be explained … the extent of redistribution and the components of the Mirrlees framework. The redistributive role of factors such as …
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