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Income Inequality and Redistributive Government Spending PDF
By:International Monetary Fund
Published on 2003-01-01 by International Monetary Fund

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The paper examines empirically the question of whether more unequal societies spend more on income redistribution than their more egalitarian counterparts. Theoretical arguments on this issue are inconclusive. The political economy literature suggests that redistributive spending is higher in unequal societies due to median voter preferences. Alternatively, it can be argued that unequal societies may spend less on redistribution because of capital market imperfections. Based on different data sources, the cross-country evidence reported in this paper suggests that more unequal societies do spend less on redistribution.

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Book which was published by International Monetary Fund since 2003-01-01 have ISBNs, ISBN 13 Code is 9781451843149 and ISBN 10 Code is 1451843143

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