Dr. Laura Carvalho, Associate Professor at Sao Paulo University, presented her paper "Effects of Fiscal Consolidation Episodes on Inequality: Narrative Evidence from South America".

This paper estimates the effect of fiscal consolidations on income inequality in nine South American economies. Results suggest that fiscal consolidations lead to a rise in income inequality. Spending-based fiscal consolidations appear to significantly increase inequality, while tax-based fiscal consolidations do not show statistically significant effects.

 Dr. Carvalho graduated from NSSR Economics, obtaining her PhD in Economics in '12 and is a SCEPA Senior Fellow.