|
|
|
|
|
|
Author/Editor:
|
Bastagli, Francesca ; Coady, David ; Gupta, Sanjeev
|
|
|
|
|
|
Publication Date:
|
September 27, 2012
|
|
|
|
Electronic Access:
|
Free Full text
(PDF file size is 782KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
|
|
|
|
Summary:
Income inequality has increased in most advanced and many developing economies over recent decades, reflecting a range of factors including globalization and technological change. Even more striking is the large variation in average disposable (post-tax-and-transfer) income inequality across regions, much of which can be accounted for by differences in the level and progressivity of tax and spending policies. In advanced economies, fiscal policy has played a significant role in reducing income inequality, especially on the expenditure side but also through progressive income taxation. However, reforms since the mid-1990s have lessened the generosity of social benefits and the progressivity of income tax systems in these economies making fiscal policy less redistributive. This is a revised version of SDN/12/08 (published on June 28, 2012), which incorporates updated data on international Gini coefficients. Figure 1, Table 1, and Appendix Table 1 have been updated to include the new data.
|
|
|
|
Order a print copy
|
|
|
|
|
|
Series:
|
Staff Discussion Notes No. 12/8R
|
|
|
|
|
|
Subject(s):
|
Developed countries | Developing countries | Fiscal consolidation | Government expenditures | Income distribution | Taxation | Unemployment
|
|
|
|
|
|
|
|
|
|
|
|
English
|
|
|
|
|
|
|
Publication Date:
|
September 27, 2012
|
|
|
|
|
ISBN/ISSN:
|
9781475510850/2221-030X
|
|
Format:
|
Paper
|
|
Stock No:
|
SDNEA2012008R
|
|
Pages:
|
36
|
|
Price:
|
|
|
|
|
|
|
|
|
|
|
|
|
Please address any questions about this title to
publications@imf.org
|
|
|
