Central bank research hub - Papers by Cecilia Garcia-Medina
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Research hub papers by author Cecilia Garcia-MedinaenYou, Me and the Mean: a Semiparametric Approach to the Redistributive Effects of Transfer Programs
http://www.banxico.org.mx/publicaciones-y-discursos/publicaciones/documentos-de-investigacion/banxico/{3121F491-0DAF-DCFF-597A-23990BF9D930}.pdf
Bank of Mexico Working Papers by Garcia-Medina CeciliaYou, Me and the Mean: a Semiparametric Approach to the Redistributive Effects of Transfer Programs2016-10-11T06:21:59ZI examine how changes in the receipt of social transfers benefits associated to program reforms have affected the Canadian income distribution over the 1996-2006 period. Using the Survey of Labour and Income Dynamics, I apply nonparametric decomposition methods to construct density counterfactuals that identify the distributive effects of each transfer program. Counterfactual densities are constructed by reweighting the income distribution with propensity score functions that reflect changes in the probability of receiving program benefits. I find that reforms to the Social Assistance program have reduced its redistributive effectiveness, whereas Child Benefits, Employment Insurance and Old Age Security are more redistributive than in 1996.You, Me and the Mean: a Semiparametric Approach to the Redistributive Effects of Transfer ProgramsFull texthttp://www.banxico.org.mx/publicaciones-y-discursos/publicaciones/documentos-de-investigacion/banxico/{3121F491-0DAF-DCFF-597A-23990BF9D930}.pdfCecilia Garcia-MedinaGarcia-Medina Cecilia2016-10Bank of Mexico Working PapersC14D31H23I38Income Instability and Fiscal Progression
http://www.banxico.org.mx/publicaciones-y-discursos/publicaciones/documentos-de-investigacion/banxico/{4F45D0A3-18BF-E6D0-3F1B-712789941F6C}.pdf
Bank of Mexico Working Papers by Garcia-Medina Cecilia; Jean-Francois WenIncome Instability and Fiscal Progression2016-06-14T17:36:59ZWe construct the ratio of the post-fisc to the pre-fisc transitory component of the variance of family incomes in Canada from 1993 and 2008. The ratio measures how much the tax and transfer system attenuates market income instability. It is shown that the ratio of variances is equivalent theoretically to the concept of residual income progression. The fiscal system became less stabilizing beginning in the late 1990s, especially for families headed by main earners with less than high school education. The trend is attributable to personal income tax reforms and reductions in transfers for lower income families.Income Instability and Fiscal ProgressionFull texthttp://www.banxico.org.mx/publicaciones-y-discursos/publicaciones/documentos-de-investigacion/banxico/{4F45D0A3-18BF-E6D0-3F1B-712789941F6C}.pdfCecilia Garcia-MedinaWen Jean-FrancoisGarcia-Medina Cecilia; Jean-Francois Wen2016-06Bank of Mexico Working PapersH22H53J38