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Structural reforms and income distribution : new evidence for OECD countries
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Autores
Orientador(es)
Resumo(s)
This paper examines the impact of labour market and product market reforms on income
inequality for 25 OECD countries, using the local projections approach and updates of the
reform indicators put together by Duval et al. (2018) until 2020. Our results suggest that both
types of (endogenized) reforms cause more income inequality. Consistent with this finding is
that counter-reforms lead to less income inequality. However, the inequality-raising effects of
reforms occur especially in countries that have below median levels of social spending; in
countries where social spending is above the sample median, the effect of reform is mostly
statistically insignificant.
Descrição
Palavras-chave
structural reforms income distribution local projections nonlinearities
Contexto Educativo
Citação
Wiese, Rasmus, João Jalles e Jakob de Haan (2023). "Structural reforms and income distribution : new evidence for OECD countries". REM Working paper series, nº 0256/2023
Editora
ISEG - REM - Research in Economics and Mathematics