The distributional effects of tax-benefit policies under new labour: a Shapley decomposition

Arbeitspapier

Using counterfactual microsimulations, Shapley decompositions of time change in inequality and poverty indices make it possible to disentangle and quantify the relative effect of tax-benefit policy changes, compared to all other effects including shifts in the distribution of market income. Using this approach also helps to clarify the different issues underlying the distributional evaluation of policy reforms. An application to the UK (1998-2001) confirms previous findings that inequality and depth of poverty would have increased under the first New Labour government, had important reforms like the extensions of income support and tax credits not been implemented. These reforms have also contributed to substantially reduce poverty among families with children and pensioners.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 4296

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies ; National Government Expenditures and Welfare Programs ; Measurement and Analysis of Poverty
• Thema: Tax-benefit policy ; inequality ; poverty ; Shapley decomposition ; microsimulation ; Steuerbegünstigung ; Steuerpolitik ; Verteilungswirkung ; Armut ; Einkommensverteilung ; Wirkungsanalyse ; Dekompositionsverfahren ; Großbritannien

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Bargain, Olivier
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2009

Weitere Informationen

• Handle: http://hdl.handle.net/10419/36188
• URN: urn:nbn:de:101:1-20090824246
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ