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In recent years, policymaking in China has put increasing emphasis on stemming the growth in inequality, which had been fairly steep since the 1980s. Policy action has taken the form of regional development measures and of reforms of various aspects of the social safety net broadly defined. The...
Persistent link: https://www.econbiz.de/10012444749
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
Persistent link: https://www.econbiz.de/10012926905
Absolute poverty has dropped markedly in Bulgaria but income inequality has increased substantially in the aftermath of the GFC. This increase is due to a rise in market income inequality that was compounded by a reduction in fiscal redistribution. The redistributive role of direct taxation has...
Persistent link: https://www.econbiz.de/10012823674
The paper presents estimates of poverty [extreme poverty PPP$1.9 and PPP$3.2] and consumption inequality in India for each of the years 2004-5 through the pandemic year 2020-21. These estimates include, for the first time, the effect of in-kind food subsides on poverty and inequality. Extreme...
Persistent link: https://www.econbiz.de/10013291176
In developing countries, economic inequality is attracting considerable attention. Many factors including financial exclusion are key in explaining income gap in developing countries. This paper examines the effect of access to financial services through digital technologies on income...
Persistent link: https://www.econbiz.de/10014503048
Using microdata from nationally representative household and labor force surveys, we study the impact and drivers of poverty and inequality in India during the pandemic. We have three main findings. First, India has made significant progress in reducing poverty in recent decades, but the...
Persistent link: https://www.econbiz.de/10014349469
In this paper we look at lifetime inequality to address two main questions: How well does a modern tax system, based on annual information, target lifetime inequality? What aspects of the tranfser system are most progressive from a lifetime perspective? To answer to these questions it is crucial...
Persistent link: https://www.econbiz.de/10010237142
High level of association between parents and children education capturing extent of economic inequalities is a consistent finding in the literature especially in developing countries, but it has been difficult to distinguish the causal mechanisms from pure selection. This has implications for...
Persistent link: https://www.econbiz.de/10014358559
This paper examines Chile Solidario, a social protection programme that provides poor households in Chile with preferential access to a conditional cash transfer programme designed to facilitate investments in children's health and education. We assess the programme's longer-term impact on...
Persistent link: https://www.econbiz.de/10011775918