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22대 대한민국 국회 국회정보길라잡이 국회의원검색
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Title page 1

Contents 6

Acknowledgements 3

Abstract 4

Résumé 5

1. Introduction 8

2. Data and methods 10

2.1. Theoretical setup 10

2.2. Econometric framework 12

2.3. The data 13

Household Microdata (EU-SILC) 13

Country-Level Data (OECD, Gallup, EU, World Bank and aggregated data from EU-SILC) 13

3. Main results 18

3.1. Baseline regressions 18

3.2. Inequality, poverty and well-being 20

3.3. The Tax-Benefit system and well-being 22

Individual taxes and transfers 22

Aggregate taxes and transfers conditional on individual net taxes 28

4. Case studies 31

5. Discussion 34

6. Conclusion 35

References 36

Annex A. Additional results 39

Notes 47

Tables 6

Table 1. Descriptive statistics 15

Table 2. The first estimates 19

Table 3. The baseline regressions with interaction effects 20

Table 4. The regressions with inequality and poverty variables 21

Table 5. Individual net taxes and life satisfaction 23

Table 6. Aggregate and individual net taxes and life satisfaction 29

Table 7. Monetised impacts on life satisfaction from a 10% increase in each selected transfer balanced with increased taxed 31

Figures 7

Figure 1. Decomposition of household disposable income by market income decile 16

Figure 2. Decomposition of net transfers by market income decile 17

Figure 3. Incidence curves of transfers, taxes and net taxes share of income by income decile 25

Figure 4. Redistribution and life satisfaction by income decile 27

Figure 5. Macro-level taxes, transfers and life satisfaction across countries 30

Figure 6. Contributions of 10% increase in selected transfer on life satisfaction across countries 33

Annex Figures 7

Figure A A.1. Redistribution and life satisfaction by disposable income decile (per country) 39

Figure A A.2. Contributions of 10% increase in selected transfer on life satisfaction across countries (Continued from Figure 6) 43

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