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The Great Recession and the widespread adoption of fiscal austerity policies have heightened concern about inequality …., 2017), the overall change in income inequality is decomposed into parts attributable to the change in market income … inequality, changes in discretionary tax-benefit policy and automatic stabilisation effects. We implement this approach using the …
Persistent link: https://www.econbiz.de/10011864980
of changes in employment due to the COVID-19 crisis on inequality and poverty using the recently developed tax … measured by headcount and poverty gap increases because of the COVID-19 outbreak. The pandemic has also worsened inequality as …
Persistent link: https://www.econbiz.de/10012886547
policies more often worked to reduce inequality of net incomes, and so helped offset the inequality-increasing impact of a … growing disparity in gross (pre-tax) market incomes. Inequality reduction was achieved mainly through policy changes to … response of taxes and social insurance contributions raised inequality in some countries and lowered it in others. …
Persistent link: https://www.econbiz.de/10011926124
Persistent link: https://www.econbiz.de/10001452832
This paper examines the fiscal and distributional effects of a number of alternative basic income implementation modes across 28 European welfare states. The paper aims to make three contributions to the literature. Firstly, through the use of EUROMOD's advanced 'add-on' and 'loop' features, we...
Persistent link: https://www.econbiz.de/10012052293
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
inequality is mostly negligible, but uniformly reducing. …
Persistent link: https://www.econbiz.de/10011864998
Spanish regions using EUROMOD. Our results show that the IMV reduces inequality and poverty - general and extreme - for all … level, although this power has not been as effective as it was expected in reducing inequality. This work also simulates the … effects on inequality and poverty that the elimination of current RMI and the introduction of the new IMV would generate …
Persistent link: https://www.econbiz.de/10012439058
This paper investigates how the distribution of income changes when the standard definition of disposable income is replaced by an extended income concept which takes into account the three 'I's: indirect taxes, imputed rent, and in-kind benefits. Second, it assesses how sensitive the...
Persistent link: https://www.econbiz.de/10009784189
Persistent link: https://www.econbiz.de/10002522839