000			01878nab a2200277 c 4500
999			_c144755 _d144755
003			ES-MaIEF
005			20211004183901.0
007			ta
008			211004t2021 gw ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100	1		_969281 _aJung, Hoyong
245		0	_aFiscal rules and income inequality _bthe case of OECD countries _c Hoyong Jung, Bong Hwan Kim
260			_c2021
500			_aDisponible también en formato electrónico.
500			_aResumen.
504			_aBibliografía.
520			_aFiscal rules act as binding institutions for fiscal policies worldwide. While previous studies have focused on the budgetary and financial effects of fiscal rules, their effects on social problems remain largely unexplored. This study examines how fiscal rules affected income inequality in OECD countries between 1990 and 2015. The results show that fiscal rules adversely affect income inequality, and a battery of robustness tests support these results. The paper infers that constraining a government's discretionary expenditure and possibly strengthening procyclicality may explain these results. The effects are heterogeneous in that income inequality worsens as aging progresses, when a conservative or nonruling party has a parliamentary majority, and when there is a substantial national debt. The findings suggest that using fiscal rules to improve fiscal soundness may conflict with reducing income inequality, making it necessary to discuss a new cogent fiscal framework to achieve both goals.
650			_aRENTA _950200
650		4	_aDESIGUALDAD _942588
650		4	_aREDISTRIBUCION _948219
650		4	_aPOLITICA FISCAL _948067
650		4	_aDERECHO TRIBUTARIO _942375
700	1		_969282 _aKim, Bong Hwan‏
773	0		_9165789 _oOP 207/2021/2 _tFinanzArchiv _w(IEF)21244 _x 0015-2218 _gv. 77, n. 2, 2021, p. 197-224
942			_cART