Matches in SemOpenAlex for { <https://semopenalex.org/work/W4381094554> ?p ?o ?g. }
- W4381094554 abstract "Abstract We provide a new and unexplored explanation of the relationship between the functional and personal distribution of income. By proposing a simple theoretical framework, we show that, in the noncomprehensive personal income tax (PIT) hypothesis (i.e., when some or all capital income items are excluded from the PIT base), the correlation between disposable and market income inequality depends on the labor share level, which may influence the overall effectiveness of the tax-benefit system in addition to the PIT progressivity. We test our hypothesis using panel data on 33 OECD countries from 2000 to 2017 and find that a 10-pp increase in labor share is related to a 0.06 reduction in the correlation between market and disposable income inequality. This significant result obtained after controlling for country and year fixed effects, country-specific linear trends, and several confounders capturing the characteristics of the tax-benefit system suggests that labor share may act as an automatic stabilizer of market income inequality. Relevant implications for tax policy concern the role of the PIT's base for the public budget's overall redistributive effect." @default.
- W4381094554 created "2023-06-18" @default.
- W4381094554 creator A5016483670 @default.
- W4381094554 creator A5058785572 @default.
- W4381094554 creator A5073746877 @default.
- W4381094554 date "2023-06-17" @default.
- W4381094554 modified "2023-09-27" @default.
- W4381094554 title "Labor share as an automatic stabilizer of income inequality" @default.
- W4381094554 cites W117881274 @default.
- W4381094554 cites W1532170681 @default.
- W4381094554 cites W1962928758 @default.
- W4381094554 cites W1991064693 @default.
- W4381094554 cites W2062728655 @default.
- W4381094554 cites W2067926274 @default.
- W4381094554 cites W2096262641 @default.
- W4381094554 cites W2148918840 @default.
- W4381094554 cites W2236073123 @default.
- W4381094554 cites W2285416326 @default.
- W4381094554 cites W2364927470 @default.
- W4381094554 cites W2513638773 @default.
- W4381094554 cites W2541816074 @default.
- W4381094554 cites W2752384816 @default.
- W4381094554 cites W2809828371 @default.
- W4381094554 cites W2888182409 @default.
- W4381094554 cites W2891445448 @default.
- W4381094554 cites W2920882040 @default.
- W4381094554 cites W2942996153 @default.
- W4381094554 cites W2948468622 @default.
- W4381094554 cites W2955626018 @default.
- W4381094554 cites W2967543605 @default.
- W4381094554 cites W3035827006 @default.
- W4381094554 cites W3094162803 @default.
- W4381094554 cites W3098810121 @default.
- W4381094554 cites W3105904200 @default.
- W4381094554 cites W3119574822 @default.
- W4381094554 cites W3122632788 @default.
- W4381094554 cites W3123127269 @default.
- W4381094554 cites W3123747858 @default.
- W4381094554 cites W3194562413 @default.
- W4381094554 cites W4223912328 @default.
- W4381094554 cites W4246811182 @default.
- W4381094554 cites W4309866937 @default.
- W4381094554 doi "https://doi.org/10.1007/s10797-023-09782-0" @default.
- W4381094554 hasPublicationYear "2023" @default.
- W4381094554 type Work @default.
- W4381094554 citedByCount "0" @default.
- W4381094554 crossrefType "journal-article" @default.
- W4381094554 hasAuthorship W4381094554A5016483670 @default.
- W4381094554 hasAuthorship W4381094554A5058785572 @default.
- W4381094554 hasAuthorship W4381094554A5073746877 @default.
- W4381094554 hasBestOaLocation W43810945541 @default.
- W4381094554 hasConcept C100001284 @default.
- W4381094554 hasConcept C110121322 @default.
- W4381094554 hasConcept C134306372 @default.
- W4381094554 hasConcept C139719470 @default.
- W4381094554 hasConcept C145236788 @default.
- W4381094554 hasConcept C149782125 @default.
- W4381094554 hasConcept C162324750 @default.
- W4381094554 hasConcept C165786947 @default.
- W4381094554 hasConcept C172008318 @default.
- W4381094554 hasConcept C178283979 @default.
- W4381094554 hasConcept C2775876699 @default.
- W4381094554 hasConcept C2778566306 @default.
- W4381094554 hasConcept C33923547 @default.
- W4381094554 hasConcept C4249254 @default.
- W4381094554 hasConcept C45555294 @default.
- W4381094554 hasConcept C513380476 @default.
- W4381094554 hasConcept C519300510 @default.
- W4381094554 hasConcept C551662922 @default.
- W4381094554 hasConcept C6422946 @default.
- W4381094554 hasConcept C74939039 @default.
- W4381094554 hasConceptScore W4381094554C100001284 @default.
- W4381094554 hasConceptScore W4381094554C110121322 @default.
- W4381094554 hasConceptScore W4381094554C134306372 @default.
- W4381094554 hasConceptScore W4381094554C139719470 @default.
- W4381094554 hasConceptScore W4381094554C145236788 @default.
- W4381094554 hasConceptScore W4381094554C149782125 @default.
- W4381094554 hasConceptScore W4381094554C162324750 @default.
- W4381094554 hasConceptScore W4381094554C165786947 @default.
- W4381094554 hasConceptScore W4381094554C172008318 @default.
- W4381094554 hasConceptScore W4381094554C178283979 @default.
- W4381094554 hasConceptScore W4381094554C2775876699 @default.
- W4381094554 hasConceptScore W4381094554C2778566306 @default.
- W4381094554 hasConceptScore W4381094554C33923547 @default.
- W4381094554 hasConceptScore W4381094554C4249254 @default.
- W4381094554 hasConceptScore W4381094554C45555294 @default.
- W4381094554 hasConceptScore W4381094554C513380476 @default.
- W4381094554 hasConceptScore W4381094554C519300510 @default.
- W4381094554 hasConceptScore W4381094554C551662922 @default.
- W4381094554 hasConceptScore W4381094554C6422946 @default.
- W4381094554 hasConceptScore W4381094554C74939039 @default.
- W4381094554 hasFunder F4320310926 @default.
- W4381094554 hasLocation W43810945541 @default.
- W4381094554 hasOpenAccess W4381094554 @default.
- W4381094554 hasPrimaryLocation W43810945541 @default.
- W4381094554 hasRelatedWork W2029856312 @default.
- W4381094554 hasRelatedWork W2121345918 @default.
- W4381094554 hasRelatedWork W2151053152 @default.
- W4381094554 hasRelatedWork W2472327147 @default.
- W4381094554 hasRelatedWork W2491815578 @default.