Universität zu Köln

Dolls, Mathias (2012). Automatic Stabilization and Redistribution in Europe and the US. PhD thesis, Universität zu Köln.

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Abstract

The aim of this book is to evaluate the stabilizing and redistributive role of tax and transfer systems in Europe and the US. In the �first chapter, we briefly introduce the method of counterfactual simulations which is applied throughout this book. Chapter 2 compares the effectiveness of automatic stabilizers in Europe and the US to protect households against income losses and to stabilize aggregate demand. Chapter 3 extends this analysis and asks how much weight European tax and transfer systems put on different income groups to insure them against income shocks. Chapter 4 shifts the focus to the redistributive role of the income tax system in the US during the last three decades and analyzes the direct effects of tax policy reforms on the income distribution. In chapter 5, we �first document how the strength of automatic stabilizers has changed over time in the US. We then estimate in a set of panel regressions for the US states partisan effects on the stabilizing and redistributive capacity of the income tax system.

Item Type:	Thesis (PhD thesis)
Translated title:	Title Language Automatische Stabilisierung und Umverteilung in Europa und den USA German
Creators:	Creators Email ORCID ORCID Put Code Dolls, Mathias dolls@iza.org UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-48387
Date:	28 August 2012
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Faculty of Management, Economics and Social Sciences > Economics > Macroeconomic, Financial and Economic Policy > Professorship for Public Economics
Subjects:	Economics
Uncontrolled Keywords:	Keywords Language automatic stabilizers, redistribution, political cycle English Automatische Stabilisatoren, Umverteilung, Politischer Zyklus German
Date of oral exam:	20 August 2012
Referee:	Name Academic Title Fuest, Clemens Prof. Dr. Bierbrauer, Felix Prof. Dr.
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/4838