Implications of the global financial crisis (2008-2009) for equity in the welfare State. Comparative analysis between the four types of welfare regimes

Andreas Christian Hangartner () and Rafael Gustavo Miranda Delgado ()
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Andreas Christian Hangartner: Doctor en Ciencias Humanas por la Universidad de Los Andes Venezuela. Facultad de Humanidades y Educación de la Universidad de Los Andes. Mérida, Venezuela.
Rafael Gustavo Miranda Delgado: Doctor en Ciencia Política y Relaciones Internacionales por la Universidad Ricardo Palma de Perú. Facultad de Ciencias Económicas y Sociales de la Universidad de Los Andes. Mérida, Venezuela.

Economía, 2022, vol. 46, issue 50, 55-86

Abstract: The aim of this research is to compare the compatibility between fiscal policy and the normative principles of equity in the different welfare regimes, in the aftermath of the financial and economic crisis (2008-2009). In this research, we propose a comprehensive two-part approach: tax equity and expenditure equity. We argue that the relationship between crisis and transformation of the welfare state in the fiscal policy dimension is neither direct nor automatic, and that different types of welfare regimes opted for divergent policy responses to try to mitigate the negative effects of the market.

Keywords: Welfare state; financial crisis; equity, tax. (search for similar items in EconPapers)
JEL-codes: F01 I38 P16 P52 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ula:econom:v:46:y:2022:i:50:p:55-86

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