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산업연구

  • 보고서
  • 학술지 산업연구
  • 산업연구

『산업연구』는 우리나라 산업정책의 합리적 방향 제시와 산업·무역·통상 관련 학계의 학술적 발전에 기여함을 목적으로 하는 학술지입니다.
연 2회 발간합니다. 많은 투고 바랍니다.

담당자 E-mail: journal@kiet.re.kr

Reducing Inequality: Government Spending, Monetary or Tax Policy?

저자 Eunseong Ma 발행일 2018.12.28
원문 pdf 

   This study investigates the effects of economic policies on income inequality using state-level data with national level policies including government spending, monetary, and tax policy. The results can be summarized as follows.

 

First, I find that any of the expansionary policy shocks under consideration reduce inequality.

 

Second and importantly, unexpected changes in government spending have the largest impact on inequality among the three standardized economic policies.

 

Third, I find that all the considered economic policy shocks have larger impacts on income inequality during periods of expansion than in recessions.