Showing 1 - 10 of 18
Western countries' income tax systems exempt the return from investing in owner-occupied housing. Returns from other investments are instead taxed, thus distorting households’ portfolio choices, although it is argued that housing property taxation might act as a counterbalance. Based on data...
Persistent link: https://www.econbiz.de/10012105901
The financial and economic crisis which started in the late 2000s and the fiscal consolidation measures to counter the subsequent government budget deficits have an impact on household income distribution and macroeconomic recovery. We consider the austerity measures in relation to their...
Persistent link: https://www.econbiz.de/10010505115
model for the EU. First, we briefly report the process of updating EUROMOD. We then present indicators for income inequality … and risk of poverty using EUROMOD and discuss the main reasons for differences between these and EU-SILC based indicators … of marginal effective tax rates (METR) for all 27 EU countries in order to explore the effect of tax and benefit systems …
Persistent link: https://www.econbiz.de/10010422113
Redistribution is usually understood in terms of income; as a way to rank individuals as well as to determine taxable capacity or benefit eligibility. Yet, it is increasingly argued that more prominence should be given to the joint distribution of income and wealth and interest into the taxation...
Persistent link: https://www.econbiz.de/10011864870
widely used in EU Member States, and little is known about their fiscal and distributional impact. This paper quantifies the … both contributions and pension benefits, in 28 European countries using EUROMOD, the EU-wide microsimulation model. We find …
Persistent link: https://www.econbiz.de/10011926103
EU-15 countries and the evolution over the period 1998-2008, using EUROMOD, the EU-wide tax-benefit model. The research …
Persistent link: https://www.econbiz.de/10010340288
-benefit microsimulation model for the EU. First, we briefly report the process of updating EUROMOD. We then present indicators for income … inequality and risk of poverty using EUROMOD and discuss the main reasons for differences between these and EU-SILC based … estimates of marginal effective tax rates (METR) for all 27 EU countries in order to explore the effect of tax and benefit …
Persistent link: https://www.econbiz.de/10009773091
-benefit microsimulation model for the EU. First, we briefly report the process of constructing and updating EUROMOD. We then present … EU-SILC based indicators. We further compare EUROMOD indicators across countries and over time between 2007 and 2010 …. Finally, we provide estimates of marginal effective tax rates (METR) for all 27 EU countries in order to explore the effect of …
Persistent link: https://www.econbiz.de/10009712467
-benefit microsimulation model. It explains the original motivations for building a multi-country EU-wide model and summarises its current …
Persistent link: https://www.econbiz.de/10009738940
Tax and benefit systems in the enlarged EU vary significantly in size and structure. We examine how taxes and benefits … shape income distributions in 19 EU countries, focusing on the differences between Western European countries (EU15) and …
Persistent link: https://www.econbiz.de/10003989841