Can pro-growth policies lift all boats? : an analysis based on household disposable income / Orsetta Causa; Alain de Serres; Nicolas Ruiz
Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: OECD. OECD Economics Department working papers ; 1180Publisher: Paris : OECD, Economics Dep., 2014Description: Online-Ressource (50 S.) : graph. DarstSubject(s): Genre/Form: DOI: DOI: 10.1787/5jxrh8dh5wg7-enOnline resources: Summary: In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income disparities. To shed some lights on the potential sources of trade-offs between growth and equity, this paper investigates the long-run impact of structural reforms on GDP per capita and household income distribution. Pro-growth reforms can be distinguished according to whether they are found to generate an increase or a reduction in household disposable income inequality. Those that contribute to reduce inequality include the reduction in regulatory barriers to competition, trade and FDI, as well as the stepping-up in job search assistance and training programmes. Conversely, a tightening of unemployment benefits for the long-term unemployed is found to lift mean household income but to lower income among poorer households, thus raising inequality. Several other reforms have no significant impact on income distribution.PPN: PPN: 841416508Package identifier: Produktsigel: ZDB-13-SOC | ZDB-13-SOC-ebookNo physical items for this record
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