TY - JOUR
T1 - Evaluating the distributional effects of fiscal policies using quantile regressions
AU - Casalone, Giorgia
AU - Sonedda, Daniela
PY - 2013/6
Y1 - 2013/6
N2 - The objective of this paper is to propose and apply a new method to evaluate the distributional impact of fiscal policies and potential marginal reforms. The econometric tool adopted is structural quantile treatment effects regression, which allows a complete picture of the effects of the fiscal policy of interest on households with different incomes, abilities, and needs. We apply this method to personal income taxation and non-cash transfers in Italy for the year 2004. Our estimates suggest that, although heterogeneous, the redistributive effects of the potential fiscal reforms are almost zero.
AB - The objective of this paper is to propose and apply a new method to evaluate the distributional impact of fiscal policies and potential marginal reforms. The econometric tool adopted is structural quantile treatment effects regression, which allows a complete picture of the effects of the fiscal policy of interest on households with different incomes, abilities, and needs. We apply this method to personal income taxation and non-cash transfers in Italy for the year 2004. Our estimates suggest that, although heterogeneous, the redistributive effects of the potential fiscal reforms are almost zero.
KW - In-kind transfers
KW - Income redistribution
KW - Quantile regressions
KW - Taxation
UR - http://www.scopus.com/inward/record.url?scp=84877118814&partnerID=8YFLogxK
U2 - 10.1111/j.1475-4991.2012.00502.x
DO - 10.1111/j.1475-4991.2012.00502.x
M3 - Article
SN - 0034-6586
VL - 59
SP - 305
EP - 325
JO - Review of Income and Wealth
JF - Review of Income and Wealth
IS - 2
ER -