A Comparison of the Poverty Impact of Transfers, Taxes and Market Income across Five OECD Countries
This paper compares the poverty reduction impact of income sources, taxes and transfers across five OECD countries. Since the estimation of that impact can depend on the order in which the various income sources are introduced into the analysis, it is done by using the Shapley value. Estimates of the poverty reduction impact are presented in a normalized and un-normalized fashion, in order to take into account the total as well as the per dollar impacts. The methodology is applied to data from the Luxembourg Income Study (LIS) database.
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| Length: | 26 pages |
| Date of creation: | Nov 2008 |
| Publication status: | published in: Bulletin of Economic Research, 2010, 62 (4). 387 - 406 |
| Handle: | RePEc:iza:izadps:dp3824 |
| Contact details of provider: | Postal: IZA, P.O. Box 7240, D-53072 Bonn, Germany Phone: +49 228 3894 223 Fax: +49 228 3894 180 Web page: http://www.iza.org
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References listed on IDEAS
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