Arbeitspapier
Income instability and fiscal progression
We construct the ratio of the post-fisc to the pre-fisc transitory component of the variance of family incomes in Canada from 1993 and 2008. The ratio measures how much the tax and transfer system attenuates market income instability. It is shown that the ratio of variances is equivalent theoretically to the concept of residual income progression. The fiscal system became less stabilizing beginning in the late 1990s, especially for families headed by main earners with less than high school education. The trend is attributable to personal income tax reforms and reductions in transfers for lower income families.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Papers ; No. 2016-07
- Klassifikation
-
Wirtschaft
Taxation and Subsidies: Incidence
National Government Expenditures and Welfare Programs
Wages, Compensation, and Labor Costs: Public Policy
- Thema
-
Income Instability
Progressive Taxation
Employment Insurance
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Garcia-Medina, B. Cecilia
Wen, Jean-Francois
- Ereignis
-
Veröffentlichung
- (wer)
-
Banco de México
- (wo)
-
Ciudad de México
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Garcia-Medina, B. Cecilia
- Wen, Jean-Francois
- Banco de México
Entstanden
- 2016
Ähnliche Objekte (12)
Bargaining for fiscal control: Tax federalism in Brazil and Mexico, 1870-1940
Explaining taxes at the upper tail of the income distribution: The role of utility interdependence
Investigating the zero lower bound on the nominal interest rate under financial instability
Fiscal multipliers in a panel of countries
Aggregate effects of a universal social insurance fiscal reform
Endowments, fiscal federalism, and the cost of capital for states: Evidence from Brazil, 1891-1930
An evaluation of the 1997 fiscal decentralization reform in Mexico: The case of the health sector
Labor heterogeneity and the pattern of trade
Decisiones financieras, competencia en el mercado y desempeño de las empresas: Evidencia emprica para Iberoamerica
Price-setting in Mexico and the real effects of monetary shocks
The role of credit on the evolution of wealth inequality in the USA
Forecasting short-run inflation volatility using futures prices: An empirical analysis from a value at risk perspective
Bargaining for fiscal control: Tax federalism in Brazil and Mexico, 1870-1940
Explaining taxes at the upper tail of the income distribution: The role of utility interdependence
Investigating the zero lower bound on the nominal interest rate under financial instability
Fiscal multipliers in a panel of countries
Aggregate effects of a universal social insurance fiscal reform
Endowments, fiscal federalism, and the cost of capital for states: Evidence from Brazil, 1891-1930
An evaluation of the 1997 fiscal decentralization reform in Mexico: The case of the health sector
Labor heterogeneity and the pattern of trade
Decisiones financieras, competencia en el mercado y desempeño de las empresas: Evidencia emprica para Iberoamerica
Price-setting in Mexico and the real effects of monetary shocks
The role of credit on the evolution of wealth inequality in the USA
Forecasting short-run inflation volatility using futures prices: An empirical analysis from a value at risk perspective
Bargaining for fiscal control: Tax federalism in Brazil and Mexico, 1870-1940
Explaining taxes at the upper tail of the income distribution: The role of utility interdependence
Investigating the zero lower bound on the nominal interest rate under financial instability
Fiscal multipliers in a panel of countries
Aggregate effects of a universal social insurance fiscal reform
Endowments, fiscal federalism, and the cost of capital for states: Evidence from Brazil, 1891-1930
An evaluation of the 1997 fiscal decentralization reform in Mexico: The case of the health sector
Labor heterogeneity and the pattern of trade
Decisiones financieras, competencia en el mercado y desempeño de las empresas: Evidencia emprica para Iberoamerica
Price-setting in Mexico and the real effects of monetary shocks
The role of credit on the evolution of wealth inequality in the USA