01741cas a2200253 a 4500 AALejournalIMF006439 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455200719 1018-5941 BD-DhAAL BD-DhAAL Cubero, Rodrigo. Equity and Fiscal Policy : The Income Distribution Effects of Taxation and Social Spending in Central America / Rodrigo Cubero, Ivanna Hollar. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students How does fiscal policy fare in improving the underlying income distribution in Central America? We integrate the data from a number of existing tax and public expenditure studies for the countries in the region and find that the distributional effect of taxation is regressive but small. In contrast, the redistributive impact of social spending is large and progressive, leading to a progressive net redistributive effect in all countries of the region. We also show that raising tax revenues and devoting the proceeds to social spending would unambiguously improve the income of the poorest households. Mode of access: Internet Hollar, Ivanna. IMF Working Papers; Working Paper ; No. 2010/112 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/112/001.2010.issue-112-en.xml IMF e-Library