Austerity, inequality and politics

摘要: Abstract We analyze the effect of budget consolidation on income inequality in 17 OECD countries while controlling for political and ideological differences. find that impact fiscal adjustments Gini coefficient does not depend party power, but type government. Austerity measures by coalition governments significantly reduce when compared with single minority governments, even they are successful or expenditure based. While less reducing structural deficits, perform much better terms addressing distributional concerns.