Tag: Inequality

Fighting Poverty with Taxes

| 21 November 2017
Blog, Fiscal | Tags: Inequality, Poverty, Tax Expenditures
One way the U.S. federal income tax system provides low-income families with financial support is through refundable tax credits. Families can claim refundable tax credits even if they do not owe any tax liability, which allows families with the lowest incomes to receive benefits. ... continue reading

Aggregate and Distributive Effects of Unconventional Monetary Policies

9-10 November, 2017
Monetary, Workshops | Tags: Inequality, Inflation, Interest Rates, QE
Co-organized with the Swiss National Bank and the Study Center Gerzensee ... continue reading

Fiscal Policy and Informality

| 1 September 2017
Blog, Fiscal | Tags: Inequality, Pensions, Tax Expenditures
Countries differ from each other in several aspects that need to be considered when designing fiscal policy. The size of the informal sector is a case in point. ... continue reading

Measuring Tax Expenditures in Developing Countries: What is the Role of the G20?

| 26 May 2017
Blog, Fiscal | Tags: Inequality, Tax Competition, Tax Expenditures
For many countries in the developing world, tax exemptions are considered a crucial instrument for stimulating private local investment and, mainly, attracting foreign direct investment (FDI) inflows. According to the point of view that promotes tax expenditures as a convenient tool for achieving these goals, ... continue reading

Monetary Policy, Macroprudential Regulation and Inequality

| 12 April 2017
Discussion Notes, Monetary | Tags: Inequality, Interest Rates, Macroprudential Regulation
The 2008 global financial crisis profoundly changed the role of central banks in the economy. First, central banks engaged in strong expansionary monetary policy, using new unconventional tools to boost economic activity. Second, they were key to containing financial instability, which led them to implement ... continue reading