TY  - BOOK
AU  - Azevedo,Joao Pedro
AU  - Azevedo,Joao Pedro
AU  - Bastos,Fabiano Rodrigues
AU  - David,Antonio C.
AU  - Pineda,Emilio
TI  - Fiscal Adjustment and Income Inequality: Sub-National Evidence from Brazil 
PY  - 2014///
CY  - Washington, D.C.
PB  - The World Bank
KW  - Debt Markets
KW  - Economic Theory & Research
KW  - Finance and Financial Sector Development
KW  - Fiscal Adjustment
KW  - Fiscal Policy
KW  - Income Inequality
KW  - Inequality
KW  - Macroeconomics and Economic Growth
KW  - Poverty Impact Evaluation
KW  - Poverty Reduction
N2  - The paper combines state-level fiscal data with household survey data to assess the links between sub-national fiscal policy and income inequality in Brazil over the period 1995-2011. The results indicate that a tighter fiscal stance at the sub-national level is not associated with a deterioration in inequality measures. This finding contrasts with the conclusions of several papers in the burgeoning literature on the effects of fiscal consolidation on inequality using national data for OECD economies. In addition, the authors find that a tighter stance is typically positively associated with a measure of "shared prosperity". Hence, the results caution against extrapolating policy implications of the literature focusing on advanced economies to other settings
UR  - http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-6945
ER  -