Can income equality and national wealth go hand in hand? This issue has long marked the distance between the neoliberal and the social democratic policy paradigms. By combining so far unrelated streams of literature, we sketch a theoretical framework in which fiscal policies shape four “fiscal worlds”, each of them characterized by a special balance between income equality and national wealth. Then, we resort to Boolean algebra and fuzzy sets to develop a measure that encompasses both these policy outcomes at once without assuming any a priori functional relationship. Last, we assess the heuristic capacity of our measure by mapping the EU countries’ membership to the four fiscal worlds from 2007 until 2016 and the trajectories they followed.

Damonte, A., Negri, F. (2019). Gauging fiscal worlds : How the EU countries balanced equality and wealth between 2007 and 2016. QUALITY & QUANTITY, 53(4), 1675-1692 [10.1007/s11135-018-00833-x].

Gauging fiscal worlds : How the EU countries balanced equality and wealth between 2007 and 2016

Damonte, Alessia
Co-primo
;
Negri, Fedra
Co-primo
2019

Abstract

Can income equality and national wealth go hand in hand? This issue has long marked the distance between the neoliberal and the social democratic policy paradigms. By combining so far unrelated streams of literature, we sketch a theoretical framework in which fiscal policies shape four “fiscal worlds”, each of them characterized by a special balance between income equality and national wealth. Then, we resort to Boolean algebra and fuzzy sets to develop a measure that encompasses both these policy outcomes at once without assuming any a priori functional relationship. Last, we assess the heuristic capacity of our measure by mapping the EU countries’ membership to the four fiscal worlds from 2007 until 2016 and the trajectories they followed.
Articolo in rivista - Articolo scientifico
Economic crisis; European Union; Fiscal policy outcomes; Income inequality; National wealth; Set-theoretic indicators;
English
1675
1692
18
Damonte, A., Negri, F. (2019). Gauging fiscal worlds : How the EU countries balanced equality and wealth between 2007 and 2016. QUALITY & QUANTITY, 53(4), 1675-1692 [10.1007/s11135-018-00833-x].
Damonte, A; Negri, F
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/372781
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