The main research question of the project is summarized as: What are the macroeconomic and distributional consequences of fiscal devaluation for a selection of countries and the EU as a whole? The selected countries are France, Italy, Spain and Austria. The project aims to perform four tasks: 1....

The proposal involves the establishment of ?welfare accounts? for every person in a country. There are to be four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

We study the determinants of redistribution at the municipal level in the context of public childcare in Italy. Within a substantially homogeneous legislative framework, different municipalities autonomously define how participation fees vary with a compound indicator of income and wealth...

The paper is based on an individual life-cycle model, which describes the purely economic components of human capital. The present value of human capital is determined by all future income flows, which at the same time constitute the individual as well as the total tax base of a nation....

The RSA follows two objectives: to increase the living standard of the working poor and to eliminate inactivity traps that result from low financial incentives to work. Because of its familialized nature, the RSA targets relatively well the poorest workers but also creates ambiguous effects in...

Over the past few years a large body of literature has studied the determinants of individual preferences for income equality and redistributive policies. In this paper, using data from the World Values Survey (WVS), we specifically focus on the preferences expressed by Italians and analyse...

Le RSA a remplacé le RMI, l’API et leurs mesures d’intéressement au 1er Juin 2009. La réforme vise un double objectif, redistributif et incitatif : il s’agit d’une part, d’augmenter le niveau de vie des ménages de travailleurs pauvres et d’autre part, de supprimer les trappes à...

We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to disentangle the direct policy effect from the effect of changing market incomes. Over the whole period 1979-2007 the cumulative tax policy effect aggravated income inequality...

Using a two-period model with two types of agents that are characterized by present-biased preferences second-best optimal tax-transfer policies are considered. The paternalistic optimal tax-transfer policy has two main concerns: Income redistribution from high to low ability households and...

Commodity taxes have three distinct roles: (1) revenue collection, (2) interpersonal redistribution, and (3) resource allocation. The paper presents an integrated treatment of these three concerns in a second-best general equilibrium framework, which leads to the 'generalised Ramsey rule' for...