Showing 1 - 10 of 45
This study analyses the short-term distributional effects of COVID-19 on household incomes in Malawi. Growth is expected to fall due to the pandemic. The Malawi annual gross domestic product growth rate for 2020 has been revised downwards from 5.5% to 1.9%. According to the government of Malawi,...
Persistent link: https://www.econbiz.de/10012886547
Italian economy to reduce the level of public debt and to return to sustained economic growth, which has been very weak for …
Persistent link: https://www.econbiz.de/10011284961
Persistent link: https://www.econbiz.de/10002396705
We nowcast the economic effects of the Covid-19 pandemic and related lock-down measures in the UK and then analyse the distributional and budgetary effects of the estimated individual income shocks, distinguishing between the effects of automatic stabilisers and those of the emergency policy...
Persistent link: https://www.econbiz.de/10012226320
The Great Recession and the widespread adoption of fiscal austerity policies have heightened concern about inequality and how well tax-benefit systems redistribute. We examine how the distribution of income in the EU countries which were hardest hit during the recession evolved over this time....
Persistent link: https://www.econbiz.de/10011864980
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10003989856
We analyze how the combined effect of automatic stabilizers and discretionary changes in tax-benefit systems have affected the cushioning of income shocks in the Euro zone and the EU-27 in the period 2007-2014. We propose a new summary measure of the combined effect of automatic stabilizers and...
Persistent link: https://www.econbiz.de/10012438995
We provide evidence of the relative cost-effectiveness of different types of policy instrument in reducing poverty or limiting its increase, comparing within and between seven diverse EU countries. We do that by measuring the implications of increasing/reducing the instrument size within its...
Persistent link: https://www.econbiz.de/10011676032
The objective of this paper is to simulate the effects of two alternative social policies - individual and family in-work benefits - on labour market choices in Macedonia, with special focus on the poor and females. To that end, we use ex-ante analysis relying on a combination of a tax and...
Persistent link: https://www.econbiz.de/10010199085
This article studies the impact of design characteristics of in-work benefits on employment and poverty in an international comparative setting, taking account of both first and second order labour supply effects. We use the micro-simulation model EUROMOD, which has been enriched with a discrete...
Persistent link: https://www.econbiz.de/10011676003