Series: IMF Working Papers
Author(s): David Coady , Devin D'Angelo , and Brooks Evans
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 08 March 2019
Keywords: Social security, Income distribution, Personal income taxes, Social welfare programs, Fiscal policy, Fiscal redistribution, progressivity, targeting, transfers, taxes
Fiscal policy is a key tool for achieving distributional objectives in advanced economies. This paper embeds the discussion of fiscal redistribution within the standard social welfare framework, which lends itself...