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inaction -- policy change and policy drift -- are at the heart of growing inequality, calling into question Canada's record as …
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European countries together with the USA, Japan, Canada, Australia, and South Korea. It combines comparative research with …
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This paper explores the link between default risk and fiscal procyclicality. We show that countries with higher sovereign risk have a more procyclical fiscal expenditure policy, which is driven mostly by transfers. We build a small open economy model with income inequality, social transfers, and...
Persistent link: https://www.econbiz.de/10014490852
Korpi and Palme (1998) famously suggested the existence of a Paradox of Redistribution:although programs targeted to … harmonized by LIS. My results showthat the relationship between the redistribution obtained by social transfers and their pro … the rich are unable to reachdown the income ladder and remain stuck at very low levels of redistribution.This reflects how …
Persistent link: https://www.econbiz.de/10012632013
redistribution. Baumol's cost disease, Wagner's law, and population ageing are often said to bring challenges for the future …
Persistent link: https://www.econbiz.de/10011427870
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