abstract: 'The inequality of labor earnings among working-age individuals has gone

  up in all western countries during the past 25 years, either through

  rising wage inequality (US, UK) or through rising unemployment

  (Continental Europe). Policy regimes did matter a great deal, however,

  as far as the inequality of disposable income is concerned. In a country

  like France, transfers to the unemployed were sufficiently massive to

  prevent income inequality from rising. This paper argues that the way

  fiscal redistribution has managed to counteract skill-biased technical

  change in countries like France is somewhat paradoxical. The same

  distributive stability could have been obtained at a lower cost by

  following a job subsidies strategy rather than an income maintenance

  strategy, simply because it is always less costly to have people at work

  producing something. We explore several potential explanations for this

  paradox. (C) 1999 Published by Elsevier Science B.V. All rights

  reserved. JEL classification: E24; H21; I38.'
affiliation: 'Piketty, T (Corresponding Author), CEPREMAP, 142 Rue Chevaleret, F-75013
  Paris, France.

  CEPREMAP, F-75013 Paris, France.'
author: Piketty, T
author_list:
- family: Piketty
  given: T
da: '2023-09-28'
doi: 10.1016/S0014-2921(98)00098-1
files: []
issn: 0014-2921
journal: EUROPEAN ECONOMIC REVIEW
keywords: unemployment; income inequality; job subsidies
keywords-plus: EMPLOYMENT
language: English
month: APR
note: '13th Annual Congress of the European-Economic-Association, BERLIN,

  GERMANY, SEP 02-05, 1998'
number: 4-6
number-of-cited-references: '12'
pages: 839-851
papis_id: ab100ec725367ce046ece5da614873fb
ref: Piketty1999canfiscal
researcherid-numbers: MOTREB, ayoub EL/AAB-1710-2019
times-cited: '4'
title: Can fiscal redistribution undo skill-biased technical change? Evidence from
  the French experience
type: article
unique-id: WOS:000080311700012
usage-count-last-180-days: '0'
usage-count-since-2013: '4'
volume: '43'
web-of-science-categories: Economics
year: '1999'