The Determinants of Income Polarization on the Household and Country Level across the EU
By: Holzner, Mario.
Material type:
BookSeries: wiiw Working Papers: 93Publisher: Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2012Description: 18 S., 4 Tables and 1 Figure, 30cm.Subject(s): government expenditures | taxes | income polarization | multi-level modelCountries covered: European Unionwiiw Research Areas: International Trade, Competitiveness and FDIClassification: D63 | H23 | H5 Online resources: Click here to access online Summary: A multi-level approach to test for the determinants of income polarization both at the household as well as the country level is applied to a panel of about 300,000 households in EU countries over the period of 2003-2009. Among the policy relevant macro variables, higher progressive labour taxation and to a certain extent capital taxation is positively correlated with lower levels of income polarization. Also public expenditures on social protection, education and economic subsidies are related to a lower degree of polarization. Finally, lower unemployment, a stronger industrial base and more trade openness are also associated with lower levels of polarization.
| Item type | Current library | Call number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|
| Paper | WIIW Library | 5.700/93 (Browse shelf(Opens below)) | Available | 1000010002842 |
A multi-level approach to test for the determinants of income polarization both at the household as well as the country level is applied to a panel of about 300,000 households in EU countries over the period of 2003-2009. Among the policy relevant macro variables, higher progressive labour taxation and to a certain extent capital taxation is positively correlated with lower levels of income polarization. Also public expenditures on social protection, education and economic subsidies are related to a lower degree of polarization. Finally, lower unemployment, a stronger industrial base and more trade openness are also associated with lower levels of polarization.
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