Redistribution and Federal finance

Poverty, Not Inequality: Federal Taxes and Redistribution

The federal tax system, and the income tax in particular, is often held out as a key—perhaps the key tool—for combatting income inequality. Especially given the rapid rise in inequality seen over the last 30 years, it is natural to look to the tax code and ask what can be done in response. However, this article’s answer to that question is “not much,” because of the practical constraints on pol...

Finance-dominated capitalism and redistribution of income: A Kaleckian perspective

Interregional Stabilisation and Redistribution by the Federal Unemployment Insurance

The insurance function of federal budgets against regional asymmetric income shocksin scal federations is well known in the literature. Empirical studies provide estimates of the amount of stabilisation between the regions. Especially automatic stabilisers, like the unemployment insurance, show a large reaction to regional imbalances. The goal of this paper is to estimate the amount of redistri...

The Theory of Public Finance in a Federal System

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Islamic Agricultural Finance and Growth

The objective of this study is to model and estimate the effect of financial services in the agricultural sector of Iran on the value added of this sector. Moreover, since as of 1984, the Interest Free Banking law was implemented, the effect of this change on the value added of the sector will be studied as the second objective. The model of the study consists of three tions. The volume of real...