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Fiscal Adjustment and Income Inequality.

Author: João Pedro Azevedo; Antonio David; Fabiano Rodrigues Bastos; Emilio Pineda
Publisher: Washington : International Monetary Fund, 2014.
Series: IMF Working Papers.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
We combine state-level fiscal data with household survey data to assess the links between sub-national fiscal policy and income inequality in Brazil over the period 1995-2011. The results indicate that a tighter fiscal stance at the sub-national level is not associated with a deterioration in inequality measures. This finding contrasts with the conclusions of several papers in the burgeoning literature on the  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Azevedo, João Pedro.
Fiscal Adjustment and Income Inequality: Sub-national Evidence from Brazil.
Washington : International Monetary Fund, ©2014
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: João Pedro Azevedo; Antonio David; Fabiano Rodrigues Bastos; Emilio Pineda
ISBN: 9781484386057 1484386051
OCLC Number: 882764663
Description: 1 online resource (32 pages).
Contents: Cover; Abstract; Contents; I. Introduction; II. Background on the Literature; III. Fiscal Institutions and Fiscal Structure at the State-level in Brazil; IV. Data Description: Inequality Dynamics and Fiscal Policy at the State Level in Brazil; V. Modeling Approach and Results; VI. Robustness Checks; VII. Conclusions; References; Annex A: Variables Definitions and Sources; Annex B: Descriptive Statistics for Selected Variables; Annex C: Panel Unit Root and Cross-sectional Dependence Tests for Selected Variables.
Series Title: IMF Working Papers.

Abstract:

We combine state-level fiscal data with household survey data to assess the links between sub-national fiscal policy and income inequality in Brazil over the period 1995-2011. The results indicate that a tighter fiscal stance at the sub-national level is not associated with a deterioration in inequality measures. This finding contrasts with the conclusions of several papers in the burgeoning literature on the effects of fiscal consolidation on inequality using national data for OECD economies. In addition, we find that a tighter stance is typically positively associated with a measure of?shar.

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