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In a model in which agents differ in wages and preferences over labor time-consumption bundles, we study labor income tax schemes that alleviate poverty. To avoid conflict with individual well-being, we require redistribution to take place between agents on both sides of the poverty line...
Persistent link: https://www.econbiz.de/10011528840
We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed and assess their effectiveness to act as an insurance device in the presence of asymmetric macroeconomic shocks. Running counterfactual simulations based on micro data for the...
Persistent link: https://www.econbiz.de/10010423760
study the economic effects of introducing two elements of a fiscal union: Firstly, an EU-wide tax and transfer system and … secondly, an EU-wide system of fiscal equalisation. Using the European tax-benefit calculator EUROMOD, we exploit … countries. These effects depend on income levels and the structures of the existing national tax and transfer systems. The EU …
Persistent link: https://www.econbiz.de/10009667120
study the economic effects of introducing two elements of a fiscal union: Firstly, an EU-wide tax and transfer system and … secondly, an EU-wide system of fiscal equalisation. Using the European tax-benefit calculator EUROMOD, we exploit … countries. These effects depend on income levels and the structures of the existing national tax and transfer systems. The EU …
Persistent link: https://www.econbiz.de/10009545267
approach to characterize the redistributive preferences embodied in the welfare systems of 17 EU countries and the US. Implicit …
Persistent link: https://www.econbiz.de/10009124584
-Saxon countries. For Eastern Europe, our results are less definite. Looking at the impact of the tax and benefit schemes in the EU, it …
Persistent link: https://www.econbiz.de/10009313331
margins for 17 EU countries and the US. Using the same data, inequality aversion is measured as the degree of redistribution …
Persistent link: https://www.econbiz.de/10009715731