Download or read book Inequality and Fiscal Policy written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 2015-09-21 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sizeable increase in income inequality experienced in advanced economies and many parts of the world since the 1990s and the severe consequences of the global economic and financial crisis have brought distributional issues to the top of the policy agenda. The challenge for many governments is to address concerns over rising inequality while simultaneously promoting economic efficiency and more robust economic growth. The book delves into this discussion by analyzing fiscal policy and its link with inequality. Fiscal policy is the government’s most powerful tool for addressing inequality. It affects households ‘consumption directly (through taxes and transfers) and indirectly (via incentives for work and production and the provision of public goods and individual services such as education and health). An important message of the book is that growth and equity are not necessarily at odds; with the appropriate mix of policy instruments and careful policy design, countries can in many cases achieve better distributional outcomes and improve economic efficiency. Country studies (on the Netherlands, China, India, Republic of Congo, and Brazil) demonstrate the diversity of challenges across countries and their differing capacity to use fiscal policy for redistribution. The analysis presented in the book builds on and extends work done at the IMF, and also includes contributions from leading academics.
Download or read book Fiscal Redistribution and Social Welfare written by Mr.David Coady and published by International Monetary Fund. This book was released on 2019-03-08 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal policy is a key tool for achieving distributional objectives in advanced economies. This paper embeds the discussion of fiscal redistribution within the standard social welfare framework, which lends itself to a transparent and practical evaluation of the extent and determinants of fiscal redistribution. Differences in fiscal redistribution are decomposed into differences in the magnitude of transfers (fiscal effort) and in the progressivity of transfers (fiscal progressivity). Fiscal progressivity is further decomposed into differences in the distribution of transfers across income groups (targeting performance) and in the social welfare returns to targeting due to varying initial levels of income inequality (targeting returns). This decomposition provides a clear distinction between the concepts of progressivity and targeting, and clarifies the relationship between them. For illustrative purposes, the framework is applied to data for 28 EU countries to determine the factors explaining differences in their fiscal redistribution and to discuss patterns in fiscal redistribution highlighted in the literature.
Download or read book Fiscal Policy and Social Welfare written by John Creedy and published by . This book was released on 1996 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: A systematic treatment of tax and transfer systems models and their redistributive effects, illustrating fixed pre-tax income distributions, fixed wage rate distributions, and the general equilibrium framework. Creedy (economics, U. of Melbourne) reviews various inequality and tax progressivity schemes, as well as social welfare functions and pension measures, demonstrating a continuum that moves from a framework with fixed labor supplies to one in which labor supplies respond to the changes in the tax system. Includes extensive numerical examples and diagrams. Annotation copyright by Book News, Inc., Portland, OR
Download or read book The Hidden Welfare State written by Christopher Howard and published by Princeton University Press. This book was released on 1999-02-22 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite costing hundreds of billions of dollars and subsidizing everything from homeownership and child care to health insurance, tax expenditures (commonly known as tax loopholes) have received little attention from those who study American government. This oversight has contributed to an incomplete and misleading portrait of U.S. social policy. Here Christopher Howard analyzes the "hidden" welfare state created by such programs as tax deductions for home mortgage interest and employer-provided retirement pensions, the Earned Income Tax Credit, and the Targeted Jobs Tax Credit. Basing his work on the histories of these four tax expenditures, Howard highlights the distinctive characteristics of all such policies. Tax expenditures are created more routinely and quietly than traditional social programs, for instance, and over time generate unusual coalitions of support. They expand and contract without deliberate changes to individual programs. Howard helps the reader to appreciate the historic links between the hidden welfare state and U.S. tax policy, which accentuate the importance of Congress and political parties. He also focuses on the reasons why individuals, businesses, and public officials support tax expenditures. The Hidden Welfare State will appeal to anyone interested in the origins, development, and structure of the American welfare state. Students of public finance will gain new insights into the politics of taxation. And as policymakers increasingly promote tax expenditures to address social problems, the book offers some sobering lessons about how such programs work.
Download or read book The Welfare Economics of Cooperative and Non cooperative Fiscal Policy written by Willem H. Buiter and published by . This book was released on 1990 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a competitive two-country overlapping generations model with perfect capital mobility, a plan that is individually Pareto optimal (that is Pareto optimal with respect to individual preferences) can be sustained without coordination of national fiscal policies when the fiscal arsenal is restricted to lump-sum taxes and government borrowing. Cooperation is required to achieve a Pareto optimum with respect to the two utilitarian national social welfare functions. Cooperation and international side payments are required to achieve an optimum with respect to a utilitarian global social welfare function. Without international lump-sum transfers, when distortionary taxes on capital income are permitted, Pareto optima with respect to national social welfare functions and global social welfare optima will not be individual Pareto optima: efficiency is traded off for a more desirable intergenerational and international distribution of resources. With nationally provided international public goods, the achievement of individual Pareto efficiency requires coordination of public spending but not of financing.
Download or read book The Dynamics of Social Welfare Policy written by Joel Blau and published by Oxford University Press, USA. This book was released on 2010 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: This third edition deploys its distinctive model of how policies develop to include an analysis of the social policy initiatives of the Obama administration. With more graphics, updated charts, and sidebars to highlight main points, this book explains the evolution of US social policy.
Download or read book American Social Welfare Policy written by Howard Jacob Karger and published by Longman Publishing Group. This book was released on 1994 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now featuring a full-color design, the best-selling text for policy analysis provides students with a comprehensive overview of social welfare policy in the United States while examining cutting-edge issues. Thoroughly updated and revised to reflect the impact of dramatic changes in social welfare policy, the Fifth Edition continues to focus on how the major sectors of social welfare policy-the voluntary, governmental, and corporate sectors-operate and co-exist (the "pluralist approach"), while also offering a clear, user-friendly framework for policy analysis. Book jacket.
Download or read book The End of Welfare written by Max Sawicky and published by M.E. Sharpe. This book was released on 1999 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the consequences of federal devolution on state budgets, this work deals with three major areas of concern: the effect of moving large numbers of welfare recipients into labour markets; the planned federal reforms in the health care field; and trends in federal aid.
Download or read book Who Gets What from Government written by Benjamin I. Page and published by Univ of California Press. This book was released on 2022-02-25 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1983.
Download or read book Social Welfare written by Diana M. DiNitto and published by Prentice Hall. This book was released on 1987 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: B> This is the leading book in social welfare policy in departments of social work, political science, administration and government. Originally written with Thomas Dye, subsequent editions by Diana DiNitto have been acknowledged as the most comprehensive orientation to social welfare available. DiNitto's approach is politically neutral; she describes the major welfare programs, including welfare, social security, disability, health insurance, and more. This new edition includes new and updated information on welfare (TANF), food stamps, managed care, disability, aging, the change from a budget deficit to a budget surplus, the latest figures on poverty, and the latest information on job training and employment. For anyone interested in public policy or social welfare.
Download or read book Social Welfare Policy written by Ira Christopher Colby and published by . This book was released on 1988 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Other Side of the Coin written by Christopher G. Faricy and published by Russell Sage Foundation. This book was released on 2021-02-25 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite high levels of inequality and wage stagnation over several decades, the United States has done relatively little to address these problems—at least in part due to public opinion, which remains highly influential in determining the size and scope of social welfare programs that provide direct benefits to retirees, unemployed workers or poor families. On the other hand, social tax expenditures—or tax subsidies that help citizens pay for expenses such as health insurance or the cost of college and invest in retirement plans—have been widely and successfully implemented, and they now comprise nearly 40 percent of the spending of the American social welfare state. In The Other Side of the Coin, political scientists Christopher Ellis and Christopher Faricy examine public opinion towards social tax expenditures—the other side of the American social welfare state—and their potential to expand support for such social investment. Tax expenditures seek to accomplish many of the goals of direct government expenditures, but they distribute money indirectly, through tax refunds or reductions in taxable income, rather than direct payments on goods and services or benefits. They tend to privilege market-based solutions to social problems such as employer-based tax subsidies for purchasing health insurance versus government-provided health insurance. Drawing on nationally representative surveys and survey experiments, Ellis and Faricy show that social welfare policies designed as tax expenditures, as opposed to direct spending on social welfare programs, are widely popular with the general public. Contrary to previous research suggesting that recipients of these subsidies are often unaware of indirect government aid—sometimes called “the hidden welfare state”—Ellis and Faricy find that citizens are well aware of them and act in their economic self-interest in supporting tax breaks for social welfare purposes. The authors find that many people view the beneficiaries of social tax expenditures to be more deserving of government aid than recipients of direct public social programs, indicating that how government benefits are delivered affects people’s views of recipients’ worthiness. Importantly, tax expenditures are more likely to appeal to citizens with anti-government attitudes, low levels of trust in government, or racial prejudices. As a result, social spending conducted through the tax code is likely to be far more popular than direct government spending on public programs that have the same goals. The first empirical examination of the broad popularity of tax expenditures, The Other Side of the Coin provides compelling insights into constructing a politically feasible—and potentially bipartisan—way to expand the scope of the American welfare state.
Download or read book Dimensions of Social Welfare Policy written by Paul Terrell and published by Pearson Higher Ed. This book was released on 2013-03-15 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the eBook of the printed book and may not include any media, website access codes, or print supplements that may come packaged with the bound book. A conceptual framework for analyzing social welfare policy Dimensions of Social Welfare Policy provides a comprehensive and widely-used framework for analyzing social welfare policies. The text encourages readers to develop their own thoughts on social welfare policy and to explore policy alternatives. Theoretical points are illustrated with examples from a cross-section of program areas including income maintenance, child welfare, model cities, day care, community action, and mental health. The text familiarizes students with the content of major social welfare programs such as TANF, OASDHI, SSI, and Title XX. Learning Goals Upon completing this book, readers will be able to: Understand current policy issues Reflect on where they stand in regard to controversial policy issues Understand major social welfare programs Better understand CSWE’s core competencies and practice behaviors
Download or read book The Enabling State written by Neil Gilbert and published by Oxford University Press. This book was released on 1989-10-19 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last two decades new arrangements have emerged for the finance and delivery of social welfare in the United States and other industrial democracies. Moving beyond the conventional paradigm of the welfare state, these arrangements form an alternative model. This study details a fresh vision of social welfare transfers--how they are delivered, and whom they benefit. The authors explore the use of private enterprise and market-oriented approaches to the delivery of social provisions, and examine how welfare benefits are derived from the full range of modern social transfers including tax expenditures, credit subsidies, and those induced by regulatory activity. Reappraising the modern boundaries of social welfare, this book provides insights into the structure and dynamics of a novel social model that will open new avenues for scientific study and public debate.
Download or read book Securing the Right to Employment written by Philip Harvey and published by Princeton University Press. This book was released on 2014-07-14 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Basing his proposal on plans developed by New Deal social welfare administrators, Harvey analyzes the feasibility and desirability of using public sector job creation to secure a right to employment. He shows that such a policy would provide more effective relief from the problems of poverty and unemployment than do existing arrangements while permitting a major expansion in the production of public goods and services without increasing tax burdens. The economic side-effects and administrative problems associated with the policy are carefully explored and found manageable. Finally, the book concludes with an assessment of the political interests that stand in the way of policy initiatives like the one proposed. Originally published in 1989. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book The End of Welfare Consequences of Federal Devolution for the Nation written by Max B. Sawicky and published by Routledge. This book was released on 2016-07-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the consequences of federal devolution on state budgets, this work deals with three major areas of concern: the effect of moving large numbers of welfare recipients into labour markets; the planned federal reforms in the health care field; and trends in federal aid.
Download or read book Negotiating Change written by Carol Diane St Louis and published by Stanford University. This book was released on 2011 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the last decades, advanced industrial democracies have been confronted by the long term pressures of globalisation, rising and persistent unemployment, ageing populations, rising health care costs, and the severe, but shorter-term shocks of recession, currency runs, and other troubles. The international political economy literature is rife with observations that states are under increasing pressure to reduce taxes and to trim their budgets, and recent austerity efforts in Europe and the United States support the view that governments are responding to these intensifying economic and political incentives by constraining their spending. Simultaneously, governments encounter political pressures to maintain or expand their social welfare safety nets in order to meet the needs of their most vulnerable populations - the unemployed and underemployed, the sick and disabled, pensioners, and the poor. Despite these common pressures, there has been a great degree of divergence over the last decades. Variation endures in terms of the aggregate levels of taxation and expenditures and the distribution of costs and benefits among the citizenry. Reforms have differed in regard to whether they are approached in a confrontational manner by the government alone or in consensual, negotiated process that includes the parliamentary opposition, trade unions, and employers' associations. Some painful reforms have been met with massive strikes and protests, while other painful reforms have been accepted with relative equanimity. Finally, there has been a great deal of variance in the ability of various governments to adopt and implement their reform packages and to survive the potential backlash in response to these reforms. Considering the cases of France, Italy, and Germany during the 1990s, this dissertation sheds new light on the factors determining the approach to reform, the distribution of costs and benefits, and the likelihood that governments will succeed in their attempts to adopt and implement reforms. Chapter 1 introduces the core questions, presents a brief overview of the theory, and explains the methodology and case selection. Chapter 2 develops a theoretical framework for understanding: (a) the factors that lead governments to adopt a particular approach to a reform, (b) the role that partisanship plays in determining the distributional implications of reform, (c) the effect that the approach and the distributional implications of the reform have upon how the parliamentary opposition, the social partners, and the public respond to the reform, and (d) the role that response plays in determining the ultimate fate of the reform - and, in some cases, the fate of that government. Chapter 3 considers the experiences of France, exploring the theory's ability to explain a case of a typical state facing conflicting economic and political pressures to reform its economic, fiscal, and social welfare policies. Chapter 4 tests the theory's applicability to Italy, a country undergoing a particularly high level of economic and political stress. Chapter 5 focuses upon the apparently deviant case of Germany, where both the reform approach and the distributional implications of the reform seem to run counter to the theory's predictions. Deep examination of the role of party factions and shifts in the balance of power within the governing coalition reveals the importance of considering the preferences of the reform leadership rather than the coalition as a whole in order to generate accurate predictions and interpretations. Chapter 6 concludes with an overview of generalisable conclusions and future research directions.
