Abstract
In this paper, we investigate the impact of the fiscal system on wealth redistribution in Germany, Greece, and Italy. We demonstrate the application of the model to the data of the quoted countries. We obtain the gross income distributions by starting from the net income distributions downloaded from the Eurostat website and by using the individual income tax rates of each country. We evaluate the Dynamic Theil's Entropy that allows us to recover the total inequality between the net and gross income distributions for each of these countries. Such a comparison allowed us to understand how the fiscal systems affect wealth distribution. These results can be used for planning welfare policies.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
