Redistribution around the world: Causes and consequences

Markus Jäntti, Jukka Pirttilä and Risto Rönkkö

No wp-2016-133, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper re-examines the determinants and consequences of redistribution in light of improved data and methods relative to earlier literature. In particular, we use the latest version of the UNU-WIDER's Income Inequality Database to have the best available estimates of both pre- and post-redistribution inequality for the largest set of countries and periods. We also tackle head-on problems of related to model specification that risks generating large biases in estimates because of mechanical associations between variables.

Keywords: Cross-country analysis; Growth; Inequality; Redistribution (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2016-133

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