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Assessing income redistribution: what are the key analytic choices?
Indexado
WoS WOS:001244399600001
Scopus SCOPUS_ID:85195687305
DOI 10.1111/1475-5890.12371
Año 2024
Tipo artículo de investigación

Citas Totales

Autores Afiliación Chile

Instituciones Chile

% Participación
Internacional

Autores
Afiliación Extranjera

Instituciones
Extranjeras


Abstract



We present the extent of divergence in the literature on the stylised facts about income redistribution in rich countries. Analytical choices that underpin this divergence are then identified and investigated empirically using microdata for 30 European countries. In terms of direct redistribution via cash transfers and direct taxes, whether social insurance pensions are treated as redistribution - the conventional approach - or as market income - as in some recent studies - is seen to be critical. When the analysis is extended to include indirect taxes and non-cash benefits from state spending, they work in opposite directions and generally have only a limited net redistributive impact. Being able to attribute the benefits of such spending to households in more satisfactory ways is a priority. Whether household survey data are 'corrected' to include missing incomes at the top as well as imputed rent of owner-occupiers and undistributed profits of companies is also seen to have a substantial impact on the scale of measured redistribution. Finally, extending the scope of redistributive analysis to include all of national income, as in recent studies from a Distributional National Accounts perspective, is investigated. This underlines the implications of including state spending on collective goods such as security and infrastructure, without a clear rationale for how it is meaningfully allocated across households.

Revista



Revista ISSN
Fiscal Studies 0143-5671

Métricas Externas



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Disciplinas de Investigación



WOS
Economics
Business, Finance
Scopus
Sin Disciplinas
SciELO
Sin Disciplinas

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Publicaciones WoS (Ediciones: ISSHP, ISTP, AHCI, SSCI, SCI), Scopus, SciELO Chile.

Colaboración Institucional



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Autores - Afiliación



Ord. Autor Género Institución - País
1 Carranza, Rafael Hombre Pontificia Universidad Católica de Chile - Chile
2 Nolan, Brian - UNIV OXFORD - Reino Unido
INET - Reino Unido
Nuffield College, University Of Oxford - Reino Unido

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Financiamiento



Fuente
European Research Council
Institute of Infection and Immunity
European Research Council Synergy Grant 856455 for project DINA
LIS

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Agradecimientos



Agradecimiento
This research was supported by funding from European Research Council Synergy Grant 856455 for project DINA: Towards a System of Distributional National Accounts. The authors have no conflicts of interest to declare. The authors are grateful to editor James Ziliak for his particularly helpful advice, the journal's reviewers for their valuable suggestions and Judith Payne for her exceptional copy-editing. We also benefited from comments on earlier drafts from Valentina Martinez-Pabon, Amanda Sinclair, participants at the IARIW 37th General Conference, the III/LIS Comparative Economic Inequality Conference and the 10th ECINEQ annual meeting, and Facundo Alvaredo, Stephen P. Jenkins, Janet Gornick and Jorrit Zwijnenburg.
This research was supported by funding from European Research Council Synergy Grant 856455 for project DINA: Towards a System of Distributional National Accounts. The authors have no conflicts of interest to declare. The authors are grateful to editor James Ziliak for his particularly helpful advice, the journal's reviewers for their valuable suggestions and Judith Payne for her exceptional copy\u2010editing. We also benefited from comments on earlier drafts from Valentina Martinez\u2010Pabon, Amanda Sinclair, participants at the IARIW 37 General Conference, the III/LIS Comparative Economic Inequality Conference and the 10 ECINEQ annual meeting, and Facundo Alvaredo, Stephen P. Jenkins, Janet Gornick and Jorrit Zwijnenburg.

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