Publication type
Research Paper
Series Number
28
Series
GINI Discussion Paper Series
Authors
Publication date
January 15, 2012
Summary:
This paper examines the redistributive impact of imputed rent (private and public) and indirect taxes (value added tax and excises), comparing this with the effects of cash transfers and direct taxes in five EU countries. The extended income concept, taking into account both imputed rent and indirect taxes, provides a more reliable picture of inequality differences across countries. Our results show that indirect taxes have a regressive effect with respect to income in all countries considered but always smaller in magnitude than other tax-benefit instruments. Imputed rent reduces overall inequality in particular where the prevalence of individuals living in own accommodation is high even among the poorest (Greece) and where the contribution of the public imputed rent is large (the UK).
Subjects
Link
http://gini-research.org/system/uploads/371/original/DP_28_-_Figari_Paulus.pdf?1342692872
#521027