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2025-03-30

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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/220805

Economic uncertainty and the redistributive effect of taxes and transfers in the UK and the US since the 1980s

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Abstract

This study examines the relationship between economic uncertainty and the redistributive effect of taxes and government transfers in the UK and the US over the period 1980-2021. We find that the sign of the relationship between uncertainty and redistribution goes from being negative at the beginning of the 1980s to taking a positive and significant sign in recent years. In the US, economic uncertainty Granger-causes the redistributive effect of taxes and transfers in the short run, but the same does not hold for the UK.

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Impostos, Probabilitats, Distribució de la renda

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Taxation, Probabilities, Income distribution

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Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)

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CLAVERÍA GONZÁLEZ, Óscar and SORIĆ, Petar. Economic uncertainty and the redistributive effect of taxes and transfers in the UK and the US since the 1980s. Economics Bulletin. 2025. Vol. 45, num. 1, pags. 130-137. ISSN 1545-2921. [consulted: 16 of June of 2026]. Available at: https://hdl.handle.net/2445/220805

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