Abstract
Much of the discussion on income mobility is focused on mitigating inequality through taxation and redistribution without considering the institutional and regulatory landscape that contributes to a decrease in income mobility. We present evidence on the role of economic freedom and deregulation in increasing income mobility and argue that policies promoting the two offer a more potent solution towards improving the economic status of the poor. Economic freedom can mitigate the impact of technological shocks on individuals in the lower end of the income distribution, an issue that has significant policy implications in light of the changing technological landscape.
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Articles in the same Issue
- Frontmatter
- Editorial
- Editorial: Bureaucracy, Regulation and Deregulation
- Policy Papers (No Special Focus)
- Using Market Design to Reform the US Electoral College
- Financial Stability and Monetary Policy Autonomy in Japan. Should Japan Peg the Yen to the Dollar?
- The Present Monetary Policy Framework is Seriously Flawed
- On the Reform of Fiscal Rules in the European Union: What Has Been Achieved, and How Did We Get Here?
- Efficacy of Economic Sanctions on Imposing Costs to State-Owned Enterprises: The Case of Iran
- Policy Forum: Bureaucracy, Regulation and Deregulation
- “The Report of My Death was an Exaggeration”: Business Dynamism in the United States
- Balancing Power: The Impact of Legislative Structure on Sunset Laws and Administrative Procedure Acts
- When Less Means More: Policy Accumulation, Administrative Capacities, and Policy Performance
- Lost Economic Output due to High Bureaucratic Burden: The Case for Germany
- Regulation and Income Mobility
- A 3D Look at Argentina: Deregulation, Dollarization, Deflation
- Taxonomy Disclosure in the EU – A Useful Framework, Despite Current Challenges
- Comment on “EU Taxonomy: Mission Impossible” by Kooths (2023)
- Reply to Comment on “EU Taxonomy: Mission Impossible”
Articles in the same Issue
- Frontmatter
- Editorial
- Editorial: Bureaucracy, Regulation and Deregulation
- Policy Papers (No Special Focus)
- Using Market Design to Reform the US Electoral College
- Financial Stability and Monetary Policy Autonomy in Japan. Should Japan Peg the Yen to the Dollar?
- The Present Monetary Policy Framework is Seriously Flawed
- On the Reform of Fiscal Rules in the European Union: What Has Been Achieved, and How Did We Get Here?
- Efficacy of Economic Sanctions on Imposing Costs to State-Owned Enterprises: The Case of Iran
- Policy Forum: Bureaucracy, Regulation and Deregulation
- “The Report of My Death was an Exaggeration”: Business Dynamism in the United States
- Balancing Power: The Impact of Legislative Structure on Sunset Laws and Administrative Procedure Acts
- When Less Means More: Policy Accumulation, Administrative Capacities, and Policy Performance
- Lost Economic Output due to High Bureaucratic Burden: The Case for Germany
- Regulation and Income Mobility
- A 3D Look at Argentina: Deregulation, Dollarization, Deflation
- Taxonomy Disclosure in the EU – A Useful Framework, Despite Current Challenges
- Comment on “EU Taxonomy: Mission Impossible” by Kooths (2023)
- Reply to Comment on “EU Taxonomy: Mission Impossible”