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Less Income Inequality and More Growth - are They Compatible?
註釋Demonstrates that taxes and transfers reduce inequality in disposable income relative to market income. Shows also that the effect varies, however, across OECD countries, and that the redistributive impact of taxes and transfers depends on the size, mix and the progressivity of each component. Using data for the late 2000s, provides an assessment of the redistributive effect of the main taxes and cash transfers based on a set of policy indicators and a literature review. Identifies also empirically four groups of countries with tax and transfer systems that share broadly similar features. Assesses then the potential trade-offs and complementarities between economic growth and income redistribution objectives associated with various tax and transfer reform options.