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participation of older worker in the labour market, in this paper we try to shed light on employment and retirement behaviour while … characterized by moderately generous income support while working along with lower pension entitlement in early retirement yield … models ; guaranteed minimum income ; retirement ; older worker …
Persistent link: https://www.econbiz.de/10003814788
This paper aims to disentangle the driving factors behind the changes in income inequality in the Baltics since the EU accession, distinguishing between primary income effect, discrete changes in tax-benefit policies and demographic effect. Evaluation of the three effects was based on...
Persistent link: https://www.econbiz.de/10011684451
This paper assesses the effect of key demographic changes (population ageing and upskilling) that are expected by 2030 on the income distribution in the EU-27 and examines the potential of tax-benefit systems to counterbalance negative developments. Theory predicts that population ageing should...
Persistent link: https://www.econbiz.de/10011864961
Many microeconometric models of discrete labor supply include alternative-specific constants meant to account for (possibly besides other factors) the density or accessibility of particular types of jobs (e.g. part-time jobs vs. full-time jobs). The most common use of these models is the...
Persistent link: https://www.econbiz.de/10009521077
statutory retirement age. Our policy simulations confirm that raising the statutory retirement age can balance fiscal budgets in …
Persistent link: https://www.econbiz.de/10011449184
The flat income tax has become increasingly popular recently, yet its implementation is limited to Eastern Europe. We analyse the distributional and efficiency effects of flat tax scenarios for Western European countries. Our simulations show that flat tax rates required to attain revenue...
Persistent link: https://www.econbiz.de/10003741763
We develop and estimate a microeconometric model of household labour supply in four European countries representative of different economies and welfare policy regimes: Denmark, Italy, Portugal and United Kingdom. We then simulate, under the constraint of constant total net tax revenue, the...
Persistent link: https://www.econbiz.de/10003741770
In this paper we analyze the effects of Minimum Guaranteed Income (MGI) schemes on labour supply of Italian married couples by applying a behavioural micro-simulation tax-benefit model. The Tax-Benefit Model applied is the static micro-simulation model of EUROMOD. A household labour supply model...
Persistent link: https://www.econbiz.de/10003741771
This paper presents an evaluation of the tax-transfer treatment of married couples in 15 EU countries using the EUROMOD microsimulation model. First, we show that many tax-transfer schemes in Europe feature negative jointness defined as a situation where the tax rate on one person depends...
Persistent link: https://www.econbiz.de/10003766236
The adverse distributional effects of a flat tax are well known and have been documented by empirical research in several countries, including Belgium. Advocates of the flat tax argue, correctly, that many of these studies do not take into account agents' behavioural reactions and possible feed...
Persistent link: https://www.econbiz.de/10003766249