Impact of Macroeconomic Policieson Income Distribution : An Empirical Study.

There has been a growing awareness of the income distribution dimension of macroeconomic policies. This paper presents a framework for studying this issue empirically, and considers the case of the Philippines using data available from integrated surveys of households. After developing and estimatin...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1988.
Series:IMF Working Papers; Working Paper ; No. 1988/057
Online Access:Full text available on IMF
Description
Summary:There has been a growing awareness of the income distribution dimension of macroeconomic policies. This paper presents a framework for studying this issue empirically, and considers the case of the Philippines using data available from integrated surveys of households. After developing and estimating an analytical model, it was found that underemployment, inflation, and government spending worsen income distribution, while productivity gains, the real interest rate, and the real exchange rate were found to be progressive instruments.
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Physical Description:1 online resource (25 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Access:Electronic access restricted to authorized BRAC University faculty, staff and students