Structural reforms and income distribution: new evidence for OECD countries
研究1970-2020年25个OECD国家的劳动和产品市场改革对收入不平等的影响，发现市场化改革小幅加剧不平等，主要因为高收入群体获益更多。
Abstract This article examines the impact of labour market and product market reforms on income inequality for 25 OECD countries between 1970 and 2020, using the local projections approach and an updated narrative-based dataset of the reform indicators. Our results suggest that both types of (endogenized) market-oriented reforms increase income inequality, but the effects are small. Consistent with this finding is that counter-reforms lead to less income inequality. Our results also indicate that the inequality-increasing effect of market-oriented reforms is mostly a result of more income going to the top of the income distribution.