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two complementary approaches: a standard approach based on reported incomes in survey data, and a microsimulation approach … over-estimated in microsimulation procedures. However, we find that the two approaches do in fact produce reasonably … consistent results, in terms of both inequality measures and poverty rates. To the extent that the results differ, we explore the …
Persistent link: https://www.econbiz.de/10010288979
We argue that independent entitlement to income is important. This implies that earnings replacement benefits paid to individuals fulfil a range of functions which means-tested benefits, assessed at the family rather than individual level, cannot. The argument also highlights the need to...
Persistent link: https://www.econbiz.de/10010288947
people of working age from poverty in the European Union. Using the EU-wide microsimulation model EUROMOD, we investigate (a …
Persistent link: https://www.econbiz.de/10010288954
We provide an overview of microsimulation approaches to assess the effects of policy on the income distribution. We … focus mainly on the role of tax-benefit policies and review the concept of microsimulation and how it contributes to the …
Persistent link: https://www.econbiz.de/10011396817
As unemployment rises across the European Union (EU) it is important to understand the extent to which the incomes of the new unemployed are protected by tax-benefit systems and to assess the cost pressures on the governments. This paper uses the EU tax-benefit model EUROMOD to explore these...
Persistent link: https://www.econbiz.de/10010288939