Income Distribution and the Effectiveness of Fiscal Policy: Evidence from some Transitional Economies (p.29-45)  [Fichier PDF]
J. Georg Cerf, The College of New Jersey
Subarna K. Samanta, The College of New Jersey
Keywords : income distribution, fiscal policy, transition economies
JEL classification : D3, E62, H3
The article investigates how effectiveness of fiscal policies can be influenced by the nature of the income distribution of the economy. Time series data are used for a set of recently independent or transitional countries, to verify whether there is a predictable relationship between the degree of income equality and the effectiveness of the government expenditures on the economy.