Essays on Access to Financial Institutions
Ulrike Vogelgesang
Broschiertes Buch

Essays on Access to Financial Institutions

Inequality and Redistribution- Reducing Inequality in Income and Wealth

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Revision with unchanged content. This book discusses different means to reduce inequality in income and we alth; through the use of redistributive taxation, and through im proving the economic opportunities of poor households via better access to capital markets. The analysis focuses on the trade-off between the redistribu tive benefits of taxation and the adverse incentive effects, the latter leading to decreased savings and potentially lower future growth rates. It further shows that the extent and composition of inequality are cru cial for the size of the marginal welfare effects of taxatio...