Please use this identifier to cite or link to this item:
https://scholarbank.nus.edu.sg/handle/10635/156375
Title: | REGRESSIONS ON PROGRESSION: THE HIDDEN COST OF INEQUALITY REDUCTION | Authors: | JONATHAN CHEW WEI EN | Keywords: | Tax progressivity Gini income inequality economic growth unemployment rates |
Issue Date: | 8-Apr-2019 | Citation: | JONATHAN CHEW WEI EN (2019-04-08). REGRESSIONS ON PROGRESSION: THE HIDDEN COST OF INEQUALITY REDUCTION. ScholarBank@NUS Repository. | Abstract: | This study examines the effectiveness of changing tax progressivity on decreasing income inequality, and whether this change has a measurable impact on real per capita GDP growth and unemployment rates. Using sample sets of 58 countries over the period of 1981 to 2005, I find a significant negative relationship between progressivity and the dependent variables. On average, a one-point increase in progressivity is associated with a 6.09-point fall in Gini, and a 1.48% and 2.35% fall in real per capita growth and unemployment rates respectively. Unlike previous studies which use more general measurements and definitions of Gini, this paper uses a more refined measurement of Gini for each estimation. An instrumental variables (IV) approach is used to account for endogeneity, where the average progressivity of contiguous neighbours is used as the instrument for a country’s progressivity. | URI: | https://scholarbank.nus.edu.sg/handle/10635/156375 |
Appears in Collections: | Bachelor's Theses |
Show full item record
Files in This Item:
File | Description | Size | Format | Access Settings | Version | |
---|---|---|---|---|---|---|
Jonathan Chew Wei En AY1819 Sem 2.pdf | 576.22 kB | Adobe PDF | RESTRICTED | None | Log In |
Google ScholarTM
Check
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.