Economic Transformation and Income Distribution : Some Evidence From the Baltic Countries

A transition from a centrally planned to a market economy implies a massive reallocation of resources requiring realignments in relative prices, which may have important distributional effects. This paper examines the extent to which income differentials have changed in countries where bold reforms...

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Main Author: Weder, Beatrice
Other Authors: Cornelius, Peter
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1996, 1996
Series:IMF Working Papers; Working Paper
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Summary:A transition from a centrally planned to a market economy implies a massive reallocation of resources requiring realignments in relative prices, which may have important distributional effects. This paper examines the extent to which income differentials have changed in countries where bold reforms have been introduced. Discussing the experience in the Baltic states, it finds that-largely due to a significant increase in the dispersion of earnings-recorded income differentials in these countries have widened markedly and that the redistributive effects of social assistance and tax policies have been only marginal
Physical Description:24 p.
ISBN:9781451843071
1451843070