Web links for 5th July 2012
05 Jul 2012,
by ToUChstone blog
in Web links
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Chen Wang and Koen Caminada used Luxembourg Income Study data to analyse income inequality and redistribution in 36 countries.
"On average, transfers reduce income inequality by over 85
percent, while taxes account for only 15 percent of total redistribution. Among all welfare states, Continental European countries (Belgium, France, Germany, and Luxembourg) achieve the highest level of the reduction of initial income inequality."