analyse tax policy reforms, including in particular pension and demographic issues. The main feature of the EDGE-M3 model lies … the greatest extent possible. In particular, it includes the richness of the tax code by means of income tax and social … insurance contribution rate functions estimated using data from the EUROMOD microsimulation model. This feature allows in …

We study the effect of tax policy on stock market returns in the United States, Germany, and the United Kingdom using … GARCH models and a unique daily dataset of legislative tax changes during the period 1 December 1978 to 31 January 2018. We … find that days of discretionary tax legislation during all stages of the process often matter for returns, both in terms of …

old-age pensions in the EU, focusing on both contributions and benefits. Using the microsimulation model EUROMOD, we … importance of pension benefits in old-age income. This paper investigates the impact of taxing public and mandatory occupational … removes pension taxation, the double taxation scenario (TT) fully taxes pension benefits and does not exempt pension …

This paper studies the design of tax systems that implement a planner's second-best allocation in a market economy. An … example shows that the widely used Mirrleesian (1976) tax system cannot implement all incentive-compatible allocations … one tax system. However, this tax system is often undesirable since it severely restricts the choice space of agents in …

This paper presents baseline results from the latest public version (I4.0+) of EUROMOD, the tax-benefit microsimulation … tax rates (METR), an indicator which captures the effect of tax-benefit systems on work incentives at the intensive margin …

equity implications of national tax policy reforms is greater than ever. National fiscal policies have a significant share in … out a consistent framework for the in-depth country analyses of tax reforms using EUROMOD performed by the European …

-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the …

. To this end we use a microsimulation model to provide the output with which to estimate the parameters of tax functions …We study a set of tax reforms introducing a budget-neutral tax shift in Italy, from labour income to consumption taxes … in an overlapping-generations computable general equilibrium model. In doing so we make marginal and average tax rates …

This paper analyses the impact of the implementation of a child tax credit in Austria in 2019, not only on micro, but … reform using the microsimulation model EUROMOD. Second, we estimate labour supply impacts of the reform based on a structural … DSGE model of the European Commission, with the micro-based results for the implicit tax rate, the non-participation and …

-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the …