Distributional impact of taxes and social transfers in Russia over the downturn

Bibliographic Data

ID12255372
AuthorsDaria Popova (0000-0002-3055-0551, University of Essex, corresponding author), Mikhail Matytsin (The World Bank, USA), Emily Sinnot (The World Bank, USA)
Year2018
Volume28
Issue5
Pages535-548
Publication date2018-05-03
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of European Social Policy (JOURNAL)
Journal identifiersISSN: 0958-9287 • E-ISSN: 1461-7269
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/0958928718767608
OpenAlexW2783758059
LanguageEN
Citations received3
References cited24

Low oil prices and the recession in Russia which started in 2014 are increasing pressures for fiscal consolidation, after more than a decade of prosperity. This article assesses the distributional impact of the main tax and social spending programmes in Russia in 2014 by applying a state-of-the-art incidence analysis. Overall, the Russian welfare state achieves a moderate reduction in inequality through tax-benefit policies by international standards. Most redistribution occurs through pensions. Major limits on the redistributive effect of tax-benefit policy include the large share of tax revenues that come from (regressive) indirect taxes, the neutral impact of personal income taxes and the low share of spending that goes on social assistance targeted to low-income groups. The tax-benefit policy also has an important impact on the age distribution of income, as households of working-age people (with and without children) subsidize pensioner households

Consolidation (business · Development economics · Economic growth · Economic policy · Economics · Global recession · Great recession · Keynesian economics · Macroeconomics · Prosperity · Recession · Financial Literacy, Pension, Retirement Analysis · Fiscal Policy and Economic Growth · Global Health Care Issues · Finance

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