Showing 1 - 10 of 26
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are … absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of … 23 to 32 per cent in the EU and 19 per cent in the US. There is large heterogeneity within the EU. Automatic stabilizers …
Persistent link: https://www.econbiz.de/10003879344
. Considerable cross-country differences are observed across the EU regarding both the level and the structure of earnings inequality …
Persistent link: https://www.econbiz.de/10003451841
This paper investigates to what extent the tax and transfer systems in Europe protect households at different income levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi country micro simulation model to analyse how shocks on...
Persistent link: https://www.econbiz.de/10003959997
The European Employment Strategy has set the goal of raising the retirement age of workers in the EU through a strategy … of "active ageing". Yet despite some progress over the last decade, empirical data show persistent diversity across EU … supranational policy initiatives and national politico-economic factors in shaping the transition from work to retirement in EU …
Persistent link: https://www.econbiz.de/10009229627
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
The paper takes a comparative perspective on the labour market impact on G20 and EU countries of the financial and …
Persistent link: https://www.econbiz.de/10009302183
discrete hazard analysis is used and the duration dependence is captured with time dummies. In almost all the 14 EU Member … highlight the mechanisms that bring individuals into and out of poverty. -- poverty dynamics ; EU …
Persistent link: https://www.econbiz.de/10009306330
In contrast to the recently decreasing unemployment rates in the EU, long-term unemployment remains at alarming levels … the EU. …
Persistent link: https://www.econbiz.de/10011333578
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
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