Coping with Rising Inequality in Asia : How Effective Are Fiscal Policies?

This paper discusses the role and effectiveness of redistributive fiscal policies and provides estimates of the effects of taxation and government expenditure on income inequality in Asia. Tax systems around the world tend to be progressive, but government expenditure is generally found to be a mor...

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Main Authors:	Claus, Iris, Martinez-Vazquez, Jorge, Vulovic, Violeta
Format:	Journal Article
Language:	en_US
Published:	MIT Press 2014
Subjects:	redistributive fiscal policy tax incidence income distribution microsimulation model general equilibrium model expenditure incidence benefit incidence willingness to pay incidence analysis inequality
Online Access:	http://hdl.handle.net/10986/16606

id	okr-10986-16606
recordtype	oai_dc
spelling	okr-10986-166062021-04-23T14:03:31Z Coping with Rising Inequality in Asia : How Effective Are Fiscal Policies? Claus, Iris Martinez-Vazquez, Jorge Vulovic, Violeta redistributive fiscal policy tax incidence income distribution microsimulation model general equilibrium model expenditure incidence benefit incidence willingness to pay incidence analysis inequality This paper discusses the role and effectiveness of redistributive fiscal policies and provides estimates of the effects of taxation and government expenditure on income inequality in Asia. Tax systems around the world tend to be progressive, but government expenditure is generally found to be a more effective tool for redistributing income. In Asia, government spending on social protection has a distinctive differential distributive impact. Social protection spending appears to increase income inequality in Asia, whereas it reduces it in the rest of the world. Government expenditure on housing is also adversely affecting the distribution of income in Asia. Policy options for improving the redistributional effectiveness of fiscal policies in Asia are discussed. 2014-01-23T20:19:25Z 2014-01-23T20:19:25Z 2013-10 Journal Article Asian Economic Papers 1536-0083 http://hdl.handle.net/10986/16606 en_US http://creativecommons.org/licenses/by-nc-nd/3.0/igo CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank MIT Press Publications & Research Publications & Research :: Journal Article Asia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	redistributive fiscal policy tax incidence income distribution microsimulation model general equilibrium model expenditure incidence benefit incidence willingness to pay incidence analysis inequality
spellingShingle	redistributive fiscal policy tax incidence income distribution microsimulation model general equilibrium model expenditure incidence benefit incidence willingness to pay incidence analysis inequality Claus, Iris Martinez-Vazquez, Jorge Vulovic, Violeta Coping with Rising Inequality in Asia : How Effective Are Fiscal Policies?
geographic_facet	Asia
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	This paper discusses the role and effectiveness of redistributive fiscal policies and provides estimates of the effects of taxation and government expenditure on income inequality in Asia. Tax systems around the world tend to be progressive, but government expenditure is generally found to be a more effective tool for redistributing income. In Asia, government spending on social protection has a distinctive differential distributive impact. Social protection spending appears to increase income inequality in Asia, whereas it reduces it in the rest of the world. Government expenditure on housing is also adversely affecting the distribution of income in Asia. Policy options for improving the redistributional effectiveness of fiscal policies in Asia are discussed.
format	Journal Article
author	Claus, Iris Martinez-Vazquez, Jorge Vulovic, Violeta
author_facet	Claus, Iris Martinez-Vazquez, Jorge Vulovic, Violeta
author_sort	Claus, Iris
title	Coping with Rising Inequality in Asia : How Effective Are Fiscal Policies?
title_short	Coping with Rising Inequality in Asia : How Effective Are Fiscal Policies?
title_full	Coping with Rising Inequality in Asia : How Effective Are Fiscal Policies?
title_fullStr	Coping with Rising Inequality in Asia : How Effective Are Fiscal Policies?
title_full_unstemmed	Coping with Rising Inequality in Asia : How Effective Are Fiscal Policies?
title_sort	coping with rising inequality in asia : how effective are fiscal policies?
publisher	MIT Press
publishDate	2014
url	http://hdl.handle.net/10986/16606
_version_	1764434268308635648

Coping with Rising Inequality in Asia : How Effective Are Fiscal Policies?

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