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"The importance of distributional issues in policymaking creates a need for empirical tools to assess the social impact of economic shocks and policies. This paper reviews some of the modeling approaches that are currently in use at the World Bank and other international financial institutions....
Persistent link: https://www.econbiz.de/10010522518
"The authors analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components and emphasizing Gini and Atkinson indexes. They embed these inequality-adjusted social welfare functions...
Persistent link: https://www.econbiz.de/10010522469
Iraq was plunged into two simultaneous crises in the second half of 2014, one driven by a sharp decline in oil prices, the other, by Islamic State militants. Since June 2014, crude oil prices per barrel have fallen from around 112 USD to 97 USD in September and 62 USD by December. Given Iraq's...
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This report assesses the impact of fiscal policy, both revenue and expenditure, on inequality and poverty in the Dominican Republic. On the revenue side, the analysis focuses on the personal income tax, the value added tax (tax on the transfer of industrialized goods and services, known as ITBIS...
Persistent link: https://www.econbiz.de/10014578797
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devised to decompose the redistributive effect of a tax to analyze the extent to which vertical redistribution associated with … changing incomes over time is offset or reinforced by horizontal redistribution and re-ranking. He uses panel data from China … of horizontal redistribution and re-ranking in both China-and to a lesser extent Vietnam-more than offset pro …
Persistent link: https://www.econbiz.de/10010522640