Cross-country evidence on the distributional impact of fiscal policy Simone Salotti and Carmine Trecroci
By: Salotti, Simone
.
Contributor(s): Trecroci, Carmine.
Material type: 
ArticlePublisher: 2018Subject(s): POLITICA FISCAL | RENTA | DISTRIBUCION | ORGANIZACION DE COOPERACION Y DESARROLLO ECONOMICO | ANALISIS DE PANELESOnline resources: Click here to access online
In:
Applied Economics v. 50, n. 49-51, October-November 2018, p. 5521-5542Summary: This article provides new evidence on the distributional effects of fiscal policy using data on a panel of OECD economies over the last four decades. We study how four measures of income
inequality and poverty respond to several stock and flow variables accounting for fiscal actions. We find that increases in government debt and expenditure promote a less unequal distribution of income. We detect a significant distributional impact of education and social spending, as well as of government consumption expenditure. We also investigate potential redistributive implications of large fiscal expansion and consolidation episodes, finding no evidence of additional
effects beyond those associated with conventional fiscal variables.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Artículos | IEF | IEF | OP 567/2018/49/51-1 (Browse shelf) | Available | OP 567/2018/49/51-1 |
Disponible también en formato electrónico a través de la Biblioteca del IEF.
Resumen.
This article provides new evidence on the distributional effects of fiscal policy using data on a panel of OECD economies over the last four decades. We study how four measures of income
inequality and poverty respond to several stock and flow variables accounting for fiscal actions. We find that increases in government debt and expenditure promote a less unequal distribution of income. We detect a significant distributional impact of education and social spending, as well as of government consumption expenditure. We also investigate potential redistributive implications of large fiscal expansion and consolidation episodes, finding no evidence of additional
effects beyond those associated with conventional fiscal variables.
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