Structural reforms and income distribution : new evidence for OECD countries
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/26767 |
Resumo: | 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. |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Structural reforms and income distribution : new evidence for OECD countriesstructural reformsincome distributionlocal projectionsnonlinearitiesThis 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.ISEG - REM - Research in Economics and MathematicsRepositório da Universidade de LisboaWiese, RasmusJalles, JoãoHaan, Jakob de2023-01-09T13:53:27Z2023-012023-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/26767engWiese, Rasmus, João Jalles e Jakob de Haan (2023). "Structural reforms and income distribution : new evidence for OECD countries". REM Working paper series, nº 0256/20232184-108Xinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:56:12Zoai:www.repository.utl.pt:10400.5/26767Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:10:21.131308Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Structural reforms and income distribution : new evidence for OECD countries |
title |
Structural reforms and income distribution : new evidence for OECD countries |
spellingShingle |
Structural reforms and income distribution : new evidence for OECD countries Wiese, Rasmus structural reforms income distribution local projections nonlinearities |
title_short |
Structural reforms and income distribution : new evidence for OECD countries |
title_full |
Structural reforms and income distribution : new evidence for OECD countries |
title_fullStr |
Structural reforms and income distribution : new evidence for OECD countries |
title_full_unstemmed |
Structural reforms and income distribution : new evidence for OECD countries |
title_sort |
Structural reforms and income distribution : new evidence for OECD countries |
author |
Wiese, Rasmus |
author_facet |
Wiese, Rasmus Jalles, João Haan, Jakob de |
author_role |
author |
author2 |
Jalles, João Haan, Jakob de |
author2_role |
author author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Wiese, Rasmus Jalles, João Haan, Jakob de |
dc.subject.por.fl_str_mv |
structural reforms income distribution local projections nonlinearities |
topic |
structural reforms income distribution local projections nonlinearities |
description |
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. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-01-09T13:53:27Z 2023-01 2023-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/26767 |
url |
http://hdl.handle.net/10400.5/26767 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
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 2184-108X |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
ISEG - REM - Research in Economics and Mathematics |
publisher.none.fl_str_mv |
ISEG - REM - Research in Economics and Mathematics |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799131200324894720 |