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Predistribution vs. Redistribution: Evidence from France and the U.S

Abstract : We construct series of post-tax income for France over the 1900-2018 period and compare them with U.S. series. We quantify the extent of redistribution and estimate the impact of redistribution vs pretax inequality on post-tax inequality. We obtain three major findings. First, redistribution has increased in both countries to reach similar levels today. Second, the long-run decline in post-tax inequality in France is due mostly to the fall in pretax inequality. Third, the relative lower post-tax inequality in France is entirely explained by differences in pretax inequality. This suggests that more attention should be paid to policies affecting pretax inequality.
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Preprints, Working Papers, ... (Working paper)
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https://hal.archives-ouvertes.fr/hal-03832233
Contributor : Jonathan Goupille-Lebret Connect in order to contact the contributor
Submitted on : Thursday, October 27, 2022 - 3:00:37 PM
Last modification on : Saturday, October 29, 2022 - 3:55:47 AM

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  • HAL Id : hal-03832233, version 1

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Antoine Bozio, Bertrand Garbinti, Jonathan Goupille-Lebret, Malka Guillot, Thomas Piketty. Predistribution vs. Redistribution: Evidence from France and the U.S. {date}. ⟨hal-03832233⟩

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