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  1. OECD Journal: Economic Studies
  2. Volume 2015
  3. Issue 001
  4. Can pro-growth policies lift all boats?. An analysis based on household disposable income.
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Volume 2015
Issue 001
Policy challenges for the next 50 years
Trade patterns in the 2060 world economy
International migration. The relationship with economic and policy factors in the home and destination country.
Experience and the returns to education and skill in OECD countries. Evidence of employer learning?.
The dynamics of social expenditures over the cycle. A comparison across OECD countries.
Effects of economic policies on microeconomic volatility
Can pro-growth policies lift all boats?. An analysis based on household disposable income.
Does the post-crisis weakness of global trade solely reflect weak demand?
Incorporating anchored inflation expectations in the Phillips curve and in the derivation of OECD measures of the unemployment gap
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Volume 2013
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Volume 2011
Volume 2010
Volume 2009
Volume 2008

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Can pro-growth policies lift all boats?. An analysis based on household disposable income.

Content Provider OECD iLibrary
Author Causa, Orsetta Serres, Alain De Ruiz, Nicolas
Abstract In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income disparities. To shed some lights on the potential sources of trade-offs between growth and equity, this paper investigates the long-run impact of structural reforms on GDP per capita and household income distribution. Pro-growth reforms can be distinguished according to whether they are found to generate an increase or a reduction in household disposable income inequality. Those that contribute to reduce inequality include the reduction in regulatory barriers to competition, trade and FDI, as well as the stepping-up in job search assistance and training programmes. Conversely, a tightening of unemployment benefits for the long-term unemployed is found to lift mean household income but to lower income among poorer households, thus raising inequality. Several other reforms have no significant impact on income distribution. JEL Classification: 047, D37, E61 Keywords: Growth, inequality, pro-growth policies
Page Count 42
Starting Page 227
Ending Page 268
Volume Number 2015
Issue Number 1
Language English
Publisher OECD Publishing
Publisher Date 2015-12-22
Access Restriction Open
Subject Keyword Economics
Content Type Text
Resource Type Article
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