Income inequality, fiscal stimuli and political (in)stability

Luca Agnello, Vitor Castro, João Tovar Jalles, Ricardo M. Sousa

Risultato della ricerca: Article

Abstract

Using data for a large panel of countries, this paper investigates the role played by income inequality and fiscal stimuli episodes in shaping the likelihood of political stability. By means of Tobit estimations, we show that a rise in inequality increases the probability of government crises. However, such adverse distributional effect is reduced when expansionary or increasingly expansionary fiscal stimuli episodes or successful fiscal stimuli programs are put in place.
Lingua originaleEnglish
pagine (da-a)484-511
Numero di pagine28
RivistaInternational Tax and Public Finance
Volume24
Stato di pubblicazionePublished - 2017

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Income inequality
Fiscal stimulus
Tobit
Government
Distributional effects
Political stability

All Science Journal Classification (ASJC) codes

  • Accounting
  • Economics and Econometrics
  • Finance

Cita questo

Income inequality, fiscal stimuli and political (in)stability. / Agnello, Luca; Castro, Vitor; Jalles, João Tovar; Sousa, Ricardo M.

In: International Tax and Public Finance, Vol. 24, 2017, pag. 484-511.

Risultato della ricerca: Article

Agnello, Luca ; Castro, Vitor ; Jalles, João Tovar ; Sousa, Ricardo M. / Income inequality, fiscal stimuli and political (in)stability. In: International Tax and Public Finance. 2017 ; Vol. 24. pagg. 484-511.
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