Fiscal Redistribution and Social Welfare - 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 Redistribution and Social Welfare write by Mr.David Coady. This book was released on 2019-03-08. Fiscal Redistribution and Social Welfare available in PDF, EPUB and Kindle. Fiscal policy is a key tool for achieving distributional objectives in advanced economies. This paper embeds the discussion of fiscal redistribution within the standard social welfare framework, which lends itself to a transparent and practical evaluation of the extent and determinants of fiscal redistribution. Differences in fiscal redistribution are decomposed into differences in the magnitude of transfers (fiscal effort) and in the progressivity of transfers (fiscal progressivity). Fiscal progressivity is further decomposed into differences in the distribution of transfers across income groups (targeting performance) and in the social welfare returns to targeting due to varying initial levels of income inequality (targeting returns). This decomposition provides a clear distinction between the concepts of progressivity and targeting, and clarifies the relationship between them. For illustrative purposes, the framework is applied to data for 28 EU countries to determine the factors explaining differences in their fiscal redistribution and to discuss patterns in fiscal redistribution highlighted in the literature.
Designing Fiscal Redistribution: The Role of Universal and Targeted Transfers
Designing Fiscal Redistribution: The Role of Universal and Targeted Transfers - 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 Designing Fiscal Redistribution: The Role of Universal and Targeted Transfers write by Mr.David Coady. This book was released on 2020-06-26. Designing Fiscal Redistribution: The Role of Universal and Targeted Transfers available in PDF, EPUB and Kindle. There is a growing debate on the relative merits of universal and targeted social assistance transfers in achieving income redistribution objectives. While the benefits of targeting are clear, i.e., a larger poverty impact for a given transfer budget or lower fiscal cost for a given poverty impact, in practice targeting also comes with various costs, including incentive, administrative, social and political costs. The appropriate balance between targeted and universal transfers will therefore depend on how countries decide to trade-off these costs and benefits as well as on the potential for redistribution through taxes. This paper discusses the trade-offs that arise in different country contexts and the potential for strengthening fiscal redistribution in advanced and developing countries, including through expanding transfer coverage and progressive tax financing.
Inequality and Fiscal Policy
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.
Redistribution and the Welfare System
Redistribution and the Welfare System - 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 Redistribution and the Welfare System write by Edgar K. Browning. This book was released on 1975. Redistribution and the Welfare System available in PDF, EPUB and Kindle. Monograph on income redistribution and the welfare system in the USA - analyses the impact of the social assistance scheme on wage rate, income distribution, standard of living and poverty. References and statistical tables.
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
