Publication:
Fiscal Adjustment in Greece under the Financial Rescue Programme : The Distributional Effects on Greek Households

dc.contributor.author Sugawara, Naotaka
dc.date.accessioned 2013-05-07T19:28:38Z
dc.date.available 2013-05-07T19:28:38Z
dc.date.issued 2011-10-04
dc.description.abstract This article examines the distributional effects of the fiscal adjustment programme in Greece agreed with the European Commission (EC) and the International Monetary Fund (IMF) in 2010. It deals with adjustment measures that are front loaded and directly related to the household welfare: an increase in Value-Added Tax (VAT) and excise rates and a reduction in wages and pensions. Analysing these two effects reveals that the programme decreases the welfare of all households in Greece but that the adverse effects of the adjustment are mitigated in favour of the poor. en
dc.identifier.citation Applied Economics Letters
dc.identifier.issn 1350-4851
dc.identifier.uri http://hdl.handle.net/10986/13324
dc.language.iso en_US
dc.publisher Taylor and Francis
dc.relation.ispartofseries Applied Economics Letters;19(11)
dc.relation.uri http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights CC BY-NC-ND 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subject distributional effects
dc.subject fiscal adjustment
dc.subject household welfare
dc.title Fiscal Adjustment in Greece under the Financial Rescue Programme : The Distributional Effects on Greek Households en
dc.type Journal Article en
dc.type Article de journal fr
dc.type Artículo de revista es
dspace.entity.type Publication
okr.date.disclosure 2012-08-21
okr.doctype Journal Article
okr.externalcontent External Content
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Poverty
okr.journal.nbpages 1071-1074
okr.language.supported en
okr.peerreview Academic Peer Review
okr.region.country Greece
okr.relation.associatedurl http://www.tandfonline.com/doi/abs/10.1080/13504851.2011.613748
okr.topic Macroeconomics and Economic Growth :: Economic Stabilization
okr.topic Macroeconomics and Economic Growth :: Fiscal Adjustment
okr.topic Poverty Reduction :: Equity and Development
okr.topic Poverty Reduction :: Living Standards
okr.topic Poverty Reduction :: Pro-Poor Growth
okr.volume 19(11)
relation.isAuthorOfPublication 15ad6511-d287-58b3-a826-22cbb2bd8097
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