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Structural reforms and income distribution

dc.contributor.authorWiese, Rasmus
dc.contributor.authorJalles, João Tovar
dc.contributor.authorde Haan, Jakob
dc.contributor.institutionNOVA School of Business and Economics (NOVA SBE)
dc.contributor.pblOxford University Press
dc.date.accessioned2024-09-27T22:26:05Z
dc.date.embargoedUntil2026-02-28
dc.date.issued2024-10-01
dc.descriptionFunding Information: This work was supported by the FCT (Funda\u00E7\u00E3o para a Ci\u00EAncia e a Tecnologia) [grant number UIDB/05069/2020]. Acknowledgements Publisher Copyright: © Oxford University Press 2024. All rights reserved.
dc.description.abstractThis article examines the impact of labour market and product market reforms on income inequality for 25 OECD countries between 1970 and 2020, using the local projections approach and an updated narrative-based dataset of the reform indicators. Our results suggest that both types of (endogenized) market-oriented reforms increase income inequality, but the effects are small. Consistent with this finding is that counter-reforms lead to less income inequality. Our results also indicate that the inequality-increasing effect of market-oriented reforms is mostly a result of more income going to the top of the income distribution.en
dc.description.versionauthorsversion
dc.description.versionpublished
dc.format.extent18
dc.format.extent1472727
dc.identifier.doi10.1093/oep/gpae002
dc.identifier.issn0030-7653
dc.identifier.otherPURE: 100114934
dc.identifier.otherPURE UUID: a1f35496-f6e7-41a9-a5c2-832630b29e90
dc.identifier.otherScopus: 85199365633
dc.identifier.urihttp://hdl.handle.net/10362/172586
dc.identifier.urlhttps://www.scopus.com/pages/publications/85199365633
dc.language.isoeng
dc.peerreviewedyes
dc.subjectEconomics and Econometrics
dc.subjectSDG 10 - Reduced Inequalities
dc.titleStructural reforms and income distributionen
dc.title.subtitleNew evidence for OECD countriesen
dc.typejournal article
degois.publication.firstPage1071
degois.publication.issue4
degois.publication.lastPage1088
degois.publication.titleOxford Economic Papers
degois.publication.volume76
dspace.entity.typePublication
rcaap.rightsopenAccess

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