The distributional effects of tax-benefit policies under New Labour : a Shapley decomposition
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
wp09.07.pdf | 232.47 kB | Adobe PDF | Download |
Title: | The distributional effects of tax-benefit policies under New Labour : a Shapley decomposition | Authors: | Bargain, Olivier | Permanent link: | http://hdl.handle.net/10197/2604 | Date: | Feb-2009 | Online since: | 2010-11-26T14:19:19Z | Abstract: | Using counterfactual microsimulations, Shapley decompositions of time change in inequality and poverty indices make it possible to disentangle and quantify the relative effect of tax-benefi t policy changes, compared to all other effects including shifts in the distribution of market income. Using this approach also helps to clarify the different issues underlying the distributional evaluation of policy reforms. An application to the UK (1998-2001) con firms previous fi ndings that inequality and depth of poverty would have increased under the first New Labour government, had important reforms like the extensions of income support and tax credits not been implemented. These reforms have also contributed to substantially reduce poverty among families with children and pensioners. | Funding Details: | Not applicable | Type of material: | Working Paper | Publisher: | University College Dublin. School of Economics University College Dublin. Geary Institute |
Series/Report no.: | UCD Centre for Economic Research Working Paper Series; WP 09 07; UCD Geary Institute Discussion Paper Series; WP2009/18 | Keywords: | Tax-benefit policy; Inequality; Poverty; Shapley decomposition; Microsimulation | Subject LCSH: | Tax credits--Great Britain Fiscal policy--Great Britain Poverty--Great Britain Income distribution--Great Britain |
Other versions: | http://www.ucd.ie/t4cms/wp09.07.pdf | Language: | en | Status of Item: | Not peer reviewed |
Appears in Collections: | Geary Institute Working Papers Economics Working Papers & Policy Papers |
Show full item record
Page view(s) 20
125
checked on May 25, 2018
Download(s) 50
92
checked on May 25, 2018
Google ScholarTM
Check
This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.