Can social spending cushion the inequality effect of globalization?

Arbeitspapier

This paper examines whether social spending cushions the effect of globalization on within-country inequality. Using information on disposable and market income inequality and data on overall social spending, and health and education spending from the ILO and the World Bank/WHO, we analyze whether social spending moderates the association between economic globalization and inequality. The results confirm that economic globalization - especially economic flows - associates with higher income inequality, an effect driven by non-OECD countries. Health spending is strongly associated with lower inequality, but we find no robust evidence that any kind of social spending negatively moderates the association between economic globalization and inequality.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IFN Working Paper ; No. 1286

Classification and Topics

• Classification: Wirtschaft ; Health: General
• Subject: Globalization ; Social spending ; Income inequality

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Bergh, Andreas ; Mirkina, Irina ; Nilsson, Therese
• Event: Veröffentlichung
• (who): Research Institute of Industrial Economics (IFN)
• (where): Stockholm
• (when): 2019

Further information

• Handle: http://hdl.handle.net/10419/210927
• Last update: 10.03.0013, 11:43 AM CET