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A COMPARISON OF THE POVERTY IMPACT OF TRANSFERS, TAXES AND MARKET INCOME ACROSS FIVE OECD COUNTRIES
Author(s) -
Bibi Sami,
Duclos JeanYves
Publication year - 2010
Publication title -
bulletin of economic research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 29
eISSN - 1467-8586
pISSN - 0307-3378
DOI - 10.1111/j.1467-8586.2009.00339.x
Subject(s) - economics , poverty , liberian dollar , order (exchange) , estimation , poverty reduction , econometrics , demographic economics , economic growth , finance , management
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 unnormalized 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 database.