Academic Scientific JournalsThe importance of the tax-benefit policy for the level of income inequality in OECD countries
Keywords:
income inequality, redistribution, polarization, povertyAbstract
The study presents the main facts related to the formation of income inequalities in 21 OECD countries in the years 2005–2015. The main interest was to examine whether countries with higher market inequalities use a larger scope of redistributive policy and whether these measures cause the limitation of the range between countries generated by the market income differentiation. Finally, it was found that the decisive influence on the shape of the tax-benefit policy is primarily due to the idiosyncratic socio-economic model in individual countries, while the market income diversification is definitely less significant.
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