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. It finds that in the central 'medium' unemployment scenario of 600,000 job losses, around 400,000 families will see their … higher income families. Measures announced by the Government - notably the flat-rate Pandemic Unemployment Payment of €350 … because its current design is less generous to lower earners than the Pandemic Unemployment Payment they would receive if laid …
Persistent link: https://www.econbiz.de/10012210824
This paper assesses the effect of key demographic changes (population ageing and upskilling) that are expected by 2030 on the income distribution in the EU-27 and examines the potential of tax-benefit systems to counterbalance negative developments. Theory predicts that population ageing should...
Persistent link: https://www.econbiz.de/10011864961
This paper addresses the problem of the normative evaluation of income tax systems and income tax reforms. While most of the existing criteria, framed in the utilitarian tradition, are uniquely based on information about individual incomes, this paper, building upon the opportunity egalitarian...
Persistent link: https://www.econbiz.de/10010438896
As unemployment rises across the European Union (EU) it is important to understand the extent to which the incomes of … of this increase in unemployment. This paper uses the EU tax-benefit model EUROMOD to explore these issues, comparing … unemployment benefit is payable, the household situation of the unemployed person, and across countries. -- unemployment ; European …
Persistent link: https://www.econbiz.de/10003989860
In this paper we explore the potential of a new unemployment insurance benefit at EMU level to improve the income … stringent eligibility conditions, to increase generosity where current unemployment benefits are low relative to earnings and to … national unemployment insurance schemes and differences in labour force characteristics across countries, mainly in the …
Persistent link: https://www.econbiz.de/10010340293
We analyze different options for the design of a common unemployment insurance system for the euro area (EA). We assess … degree of cross-country transfers. In the baseline, we focus on a non-contingent scheme covering short-term unemployment and … find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, four …
Persistent link: https://www.econbiz.de/10011449042
The idea of a common unemployment benefit system for the European Monetary Union (EMU) has provoked increasing interest … introduction of an EMU unemployment insurance (EMU-UI) scheme, for a selected number of countries of the Monetary Union. Our …
Persistent link: https://www.econbiz.de/10011449152
Persistent link: https://www.econbiz.de/10001876587
and Sweden). We conduct inference with mixed frequency data, combining quarterly series for unemployment, vacancies, GDP …, consumption, and investment, with annual data on unemployment flows. Parameters and shocks are estimated separately for each … country, which can then vary in terms of search and hiring costs, workers' bargaining power, unemployment benefits levels …
Persistent link: https://www.econbiz.de/10013114011
This paper develops a rational expectations model with multiple equilibrium unemployment rates where the price of … a permanent reduction in wealth and consumption and a permanent increase in the unemployment rate. My work suggests that …
Persistent link: https://www.econbiz.de/10013123693