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Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from the problem of endogeneity of government size with respect to the distribution of income. Studying 30 European countries over the period 2004-2015, we apply instrumental variable...
Persistent link: https://www.econbiz.de/10012151150
Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from the problem of endogeneity of government size with respect to the distribution of income. Studying 30 European countries over the period 2004-2015, we apply instrumental variable...
Persistent link: https://www.econbiz.de/10011955505
Persistent link: https://www.econbiz.de/10001471434
Persistent link: https://www.econbiz.de/10008934368
This paper explores whether more generous social spending polices in fact lead to less income inequality, or if redistributive outcomes are offset by behavioral disincentive effects. To account for the inherent endogeneity of social policies with regard to inequality levels, I apply the System...
Persistent link: https://www.econbiz.de/10008827068
on pre-government income inequality hints at substantial disincentive effects. -- social benefits ; redistribution …
Persistent link: https://www.econbiz.de/10009007489
create a "simulated tax redistribution index", which captures the mechanical impact of the changes in tax policy on the gini … coefficient, but is exogenous to any behavioral response. Analyzing the effect of this redistribution index on inequality, I find … process further, I create a new class of tax redistribution measures, based on the S-Gini, which differentially weight effects …
Persistent link: https://www.econbiz.de/10014064224
and redistribution of income generalise to the family of indices based on the extended Ginis of Donaldson and Weymark …
Persistent link: https://www.econbiz.de/10014191406
and redistribution of income generalise to the family of indices based on the extended Ginis of Donaldson and Weymark …
Persistent link: https://www.econbiz.de/10014191766
In this paper we revisit the relationship between democracy, redistribution, and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … broadly consistent with a view that is different from the traditional median voter model of democratic redistribution …
Persistent link: https://www.econbiz.de/10014025324