Arbeitspapier
Structural Reforms and Income Distribution: New Evidence for OECD Countries
This paper examines the impact of labour market and product market reforms on income inequality for 25 OECD countries, using the local projections approach and updates of the reform indicators put together by Duval et al. (2018) until 2020. Our results suggest that both types of (endogenized) reforms cause more income inequality. Consistent with this finding is that counter-reforms lead to less income inequality. However, the inequality-raising effects of reforms occur especially in countries that have below median levels of social spending; in countries where social spending is above the sample median, the effect of reform is mostly statistically insignificant.
- Sprache
-
Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 10214
- Klassifikation
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Labor Force and Employment, Size, and Structure
Fiscal Policies and Behavior of Economic Agents: General
Legal Monopolies and Regulation or Deregulation
Economics of Regulation
- Thema
-
structural reforms
income distribution
local projections
nonlinearities
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wiese, Rasmus
Jalles, João Tovar
de Haan, Jakob
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2023
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Wiese, Rasmus
- Jalles, João Tovar
- de Haan, Jakob
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2023