The distributional effects of fiscal consolidation:

This paper examines the distributional effects of fiscal consolidation. Using episodes of fiscal consolidation for a sample of 17 OECD countries over the period 1978-2009, we find that fiscal consolidation has typically had significant distributional effects by raising inequality, decreasing wage in...

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Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, DC IMF 2013
Schriftenreihe:IMF working paper 13/151
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Zusammenfassung:This paper examines the distributional effects of fiscal consolidation. Using episodes of fiscal consolidation for a sample of 17 OECD countries over the period 1978-2009, we find that fiscal consolidation has typically had significant distributional effects by raising inequality, decreasing wage income shares and increasing long-term unemployment. The evidence also suggests that spending-based adjustments have had, on average, larger distributional effects than tax-based adjustments
Beschreibung:Description based upon print version of record
Beschreibung:1 Online-Ressource (23 Seiten) graph. Darst
Format:Systemvoraussetzungen: Acrobat Reader
ISBN:9781475551945

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