| Description |
1 online resource (31 pages) |
| Series |
IMF working paper, 1018-5941 ; WP/14/85 |
|
IMF working paper ; WP/14/85.
|
| 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 |
| 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 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 "shared prosperity". Hence, our results caution against extrapolating policy implications of the literature focusing on advanced economies to other settings"--Abstract |
| Notes |
"Institute for Capacity Development"--Page 2 of pdf |
|
"May 2014"--Page 2 of pdf |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from pdf title page (IMF.org Web site, viewed June 6, 2014) |
| Subject |
Fiscal policy -- Brazil
|
|
Income distribution -- Brazil
|
|
Equality -- Brazil
|
|
Equality
|
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Fiscal policy
|
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Income distribution
|
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Brazil
|
| Form |
Electronic book
|
| Author |
Azevedo, João Pedro, author.
|
|
International Monetary Fund. Institute for Capacity Development, issuing body.
|
| ISBN |
1484385349 |
|
9781484385340 |
|
