Reallocating Public Spending to Reduce Income Inequality
نویسندگان
چکیده
منابع مشابه
Financial Market Policies to Reduce Income Inequality
1 The study employs the Deininger and Squire (1996) set of Gini coefficients for 49 developed and developing countries from 1947-94. It uses five-year averages of these and all explanatory variable data. Previous chapters of this report have emphasized the role of factor prices, and particularly the wages of unskilled workers, as a key determinant of income inequality. Through their impact on f...
متن کاملSocial Spending Generosity and Income Inequality: A Dynamic Panel Approach
Social Spending Generosity and Income Inequality: A Dynamic Panel Approach This paper explores if 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 GMM estimator and use the presum...
متن کاملIncome Inequality, Sovereign Debt, and Public Investment
We develop a political-economic model of sovereign debt that shows that income inequality leads to popular pressures on the government to use foreign debt to Þnance a redistribution of income at the expense of productive public investment. Recognizing this fact international lenders impose credit ceilings with the consequence that developing country borrowers invest less and grow slower. ∗We ar...
متن کاملRacial Income Inequality and Public Sector Privatization
Social science accounts have only recently begun to recognize “new governance” shifts, including, but not limited to, privatization occurring in public sector institutions (e.g., education, prisons, the military) and in the functioning of federal and state sector jobs. This article, which presents unique analyses of wages across time using the Panel Study of Income Dynamics (PSID) and retested ...
متن کاملFrom income inequality to economic inequality
Focus must be shifted from income inequality to economic inequality because of the presence of causal influences on individual well-being and freedom that are economic in nature but cannot be expounded by simple statistics of incomes and commodity holdings. Attention must be given to heterogeneous magnitudes. Moreover, there is a need for the derivation of partial orderings based on explicit or...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: IMF Working Papers
سال: 2019
ISSN: 1018-5941
DOI: 10.5089/9781513511863.001