Universität zu Köln

Doerrenberg, Philipp and Peichl, Andreas (2014). The impact of redistributive policies on inequality in OECD countries. Appl. Econ., 46 (17). S. 2066 - 2087. ABINGDON: ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD. ISSN 1466-4283

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Abstract

Due to behavioural effects triggered by redistributional interventions, it is still an open question whether government policies are able to effectively reduce income inequality. We contribute to this research question by using different country-level data sources to study inequality trends in OECD countries since 1980. We first investigate the development of inequality over time before analysing the question of whether governments can effectively reduce inequality. Different identification strategies, using fixed effects and instrumental variables models, provide some evidence that governments are capable of reducing income inequality despite countervailing behavioural responses. The effect is stronger for social expenditure policies than for progressive taxation.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Doerrenberg, Philipp UNSPECIFIED UNSPECIFIED UNSPECIFIED Peichl, Andreas UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-435790
DOI:	10.1080/00036846.2014.892202
Journal or Publication Title:	Appl. Econ.
Volume:	46
Number:	17
Page Range:	S. 2066 - 2087
Date:	2014
Publisher:	ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
Place of Publication:	ABINGDON
ISSN:	1466-4283
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language INCOME INEQUALITY; LABOR-MARKET; PANEL-DATA; GROWTH; STATES; TAXES Multiple languages Economics Multiple languages
URI:	http://kups.ub.uni-koeln.de/id/eprint/43579