By Mikkel Hermansen, Economist, OECD Economics Department In many advanced countries, the share of citiziens having reached post-retirement age is growing fast. Since elderly rely for a good part on a public pension scheme for income support, population ageing tends to result in more income redistribution, in particular in the form cash transfers. However, insofar … More How does ageing affect income redistribution?
By Orsetta Causa, Senior Economist, OECD Economics department Tax and transfer systems are fundamental pillars of an inclusive growth policy agenda that aims at sharing the benefits of growth more equally and securing decent living standards for those in most need. A new OECD report by Causa and Hermansen (2017) (“Income redistribution through taxes and … More Income redistribution through taxes and transfers across OECD countries: A focus on the bottom 40 per cent
By Orsetta Causa and Mikkel Hermansen, OECD Economics department Many OECD countries have been facing a prolonged period of low growth and stagnating income of the poorest. This challenges governments’ fiscal redistribution, all the more so in a context where new forms of work are calling into question the effectiveness of traditional social safety nets … More Income redistribution through taxes and transfers across OECD countries