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Income and Fiscal Incidence by Age and Gender: Some Evidence from N ew Z ealand
Author(s) -
Aziz Omar,
Gemmell Norman,
Laws Athene
Publication year - 2016
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/roiw.12165
Subject(s) - economics , fiscal policy , incidence (geometry) , demographic economics , monetary economics , optics , physics
With many fiscal policies likely to have quite different age/gender incidences, this paper examines age and gender dimensions of income distribution and fiscal incidence in N ew Z ealand using H ousehold E conomic S urvey data for 2010. Applying, and testing, an intra‐household income sharing rule, our evidence suggests strong life‐cycle and gender aspects to fiscal incidence. Net tax liabilities are found to be low and negative, at younger and older ages but positive during much of the “working age.” Notwithstanding considerable within‐gender heterogeneity, women are found on average to have systematically and persistently lower net fiscal liabilities than men, especially at older ages.