Citation

Discussion Paper Details

Please find the details for DP13134 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: Inequality and Public Policy

Author(s): Michele Battisti and Joseph Zeira

Publication Date: August 2018

Keyword(s): income distribution, Income inequality, public policy and redistribution

Programme Area(s): Macroeconomics and Growth

Abstract: This paper examines the relationship between public policies and economic inequality. It shows that public policies have a significant and large effect on inequality. One influence is through redistribution, as fiscal policy affects the distribution of disposable income through progressive direct taxation and through social benefits. This effect is captured by a single comprehensive variable, which is public expenditures as percent of GDP. Public policy affects the distribution of market incomes as well, through public education, through hiring to the public sector, through building infrastructure and through labor market regulation.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=13134

Bibliographic Reference

Battisti, M and Zeira, J. 2018. 'Inequality and Public Policy'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=13134