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Income inequality, tax base and sovereign spreads

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NBER2012-06-01 更新2025-01-04 收录
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This paper investigates the association between greater income inequality, de-facto fiscal space, and sovereign spreads. Using data from 50 countries in 2007, 2009 and 2011, we find that higher income inequality is associated with a lower tax base, lower de-facto fiscal space, and higher sovereign

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2012-06-01
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