Income Inequality and Fiscal Redistribution in 31 Countries After the Crisis
Koen Caminada (),
Chen Wang () and
Jinxian Wang ()
Additional contact information
Koen Caminada: Leiden University
Chen Wang: Leiden University
Jinxian Wang: Leiden University
Comparative Economic Studies, 2019, vol. 61, issue 1, 119-148
Abstract In this paper, we analyze fiscal redistribution after the Great Recession. Are welfare states still effective in reducing income inequality? We use recent microdata from the Luxembourg Income Study to examine redistribution from transfers and income taxes, and the several underlying social programs that drive the changes in 31 countries. On average, we find that social transfers and income taxes reduce the Gini by 31%. In most countries, pensions are a dominant factor. After performing a number of sensitivity analyses, we conclude that the redistributive impact of the welfare state is still substantial.
Keywords: Welfare states; Social income transfers; Inequality; Gini coefficient (search for similar items in EconPapers)
JEL-codes: H53 H55 I32 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1057/s41294-018-0079-z Abstract (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pal:compes:v:61:y:2019:i:1:d:10.1057_s41294-018-0079-z
Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/41294/PS2
Access Statistics for this article
Comparative Economic Studies is currently edited by Nauro Campos
More articles in Comparative Economic Studies from Palgrave Macmillan, Association for Comparative Economic Studies Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().