Inequality and Fiscal Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inequality and Fiscal Policy write by Mr.Benedict J. Clements. This book was released on 2015-09-21. Inequality and Fiscal Policy available in PDF, EPUB and Kindle. The sizeable increase in income inequality experienced in advanced economies and many parts of the world since the 1990s and the severe consequences of the global economic and financial crisis have brought distributional issues to the top of the policy agenda. The challenge for many governments is to address concerns over rising inequality while simultaneously promoting economic efficiency and more robust economic growth. The book delves into this discussion by analyzing fiscal policy and its link with inequality. Fiscal policy is the government’s most powerful tool for addressing inequality. It affects households ‘consumption directly (through taxes and transfers) and indirectly (via incentives for work and production and the provision of public goods and individual services such as education and health). An important message of the book is that growth and equity are not necessarily at odds; with the appropriate mix of policy instruments and careful policy design, countries can in many cases achieve better distributional outcomes and improve economic efficiency. Country studies (on the Netherlands, China, India, Republic of Congo, and Brazil) demonstrate the diversity of challenges across countries and their differing capacity to use fiscal policy for redistribution. The analysis presented in the book builds on and extends work done at the IMF, and also includes contributions from leading academics.
Excerpt: Inequality and Fiscal Policy
Excerpt: Inequality and Fiscal Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Excerpt: Inequality and Fiscal Policy write by Mr.Benedict J. Clements. This book was released on 2015-09-09. Excerpt: Inequality and Fiscal Policy available in PDF, EPUB and Kindle. This paper is an excerpt from Inequality and Fiscal Policy. The sizeable increase in income inequality experienced in advanced economies and many parts of the world since the 1990s and the severe consequences of the global economic and financial crisis have brought issues on equity and distribution to the top of the policy agenda. The book delves into this discussion by analyzing fiscal policy and its link with inequality. Fiscal policy is the government’s most powerful tool for addressing inequality. It affects household consumption directly and indirectly. An important message of the book is that growth and equity are not necessarily at odds; with the appropriate mix of policy instruments and careful policy design, countries can in many cases achieve better distributional outcomes and improve economic efficiency. Country case studies demonstrate the diversity of challenges and the diverging ways to use fiscal policy for redistribution. The analysis presented in the book builds on work by IMF economists and leading academics.
Income Inequality and Fiscal Policy (2nd Edition)
Income Inequality and Fiscal Policy (2nd Edition) - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Income Inequality and Fiscal Policy (2nd Edition) write by Ms.Francesca Bastagli. This book was released on 2012-09-27. Income Inequality and Fiscal Policy (2nd Edition) available in PDF, EPUB and Kindle. This note will describe recent trends in income inequality in both advanced and developing economies and how tax and expenditure policies have impacted on these trends. It will discuss how tax and expenditure policies should be designed to bring about a more equitable distribution of income, as well as to protect the most vulnerable populations during periods of fiscal consolidation.
Fiscal Policy and Income Inequality
Fiscal Policy and Income Inequality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fiscal Policy and Income Inequality write by International Monetary Fund. This book was released on 2014-07-03. Fiscal Policy and Income Inequality available in PDF, EPUB and Kindle. NULL
Growing (Un)equal
Growing (Un)equal - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Growing (Un)equal write by Mr.Serhan Cevik. This book was released on 2015-03-25. Growing (Un)equal available in PDF, EPUB and Kindle. This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over the period 1980–2013, with a focus on the redistributive contribution of fiscal policy. Using instrumental variable techniques to deal with potential endogeneity, we find evidence supporting the hypothesis of the existence of a Kuznets curve—an inverted Ushaped relationship between income inequality and economic development—in China and the panel of BRIC+ countries. In the case of China, the empirical results indicate that government spending and taxation have opposing effects on income inequality. While government spending appears to have a worsening impact, taxation improves income distribution. Even though the redistributive effect of fiscal policy in China appears to be stronger than what we identify in the BRIC+ panel, it is not large enough to compensate for the adverse impact of other influential factors.
