Publication type
Journal Article
Authors
Publication date
December 15, 2018
Summary:
© 2018, The Author(s) 2018. Low oil prices and the recession in Russia which started in 2014 are increasing pressures for fiscal consolidation, after more than a decade of prosperity. This article assesses the distributional impact of the main tax and social spending programmes in Russia in 2014 by applying a state-of-the-art incidence analysis. Overall, the Russian welfare state achieves a moderate reduction in inequality through tax-benefit policies by international standards. Most redistribution occurs through pensions. Major limits on the redistributive effect of tax-benefit policy include the large share of tax revenues that come from (regressive) indirect taxes, the neutral impact of personal income taxes and the low share of spending that goes on social assistance targeted to low-income groups. The tax-benefit policy also has an important impact on the age distribution of income, as households of working-age people (with and without children) subsidize pensioner households.
Published in
Journal of European Social Policy
Volume and page numbers
Volume: 28 , p.535 -548
DOI
https://doi.org/10.1177/0958928718767608
ISSN
9589287
Subjects
Link
- http://repository.essex.ac.uk/21118/
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