the tax-and-benefit microsimulation model with the discrete labour supply model. Our results show that both individual and …Low labour market participation, together with the high effective tax wedge at low wage levels, create a fertile ground … for the introduction of the in-work benefits (IWB) in Serbia. Our paper provides an ex-ante evaluation of the two IWB …

I assess the macroeconomic and redistributive effects of tax reforms aimed at increasing tax revenue in Spain. To this … involves doubling the average effective tax rate on labor and business income for all individuals whose income is above a … threshold level. I find that this reform reduces the inequality in after-tax income, wealth, and consumption. However, it …

by a redistribution within the social insurance funds. Such redistribution, however, contradicts the equivalence … want to redistribute funds in the statutory pension insurance system, they should readjust the redistribution to make it …

How much additional tax revenue can the government generate by increasing the level of labor income taxes? In this … paper, we argue that the degree of tax progressivity is a quantitatively important determinant of the answer to this … through labor market experience. We calibrate the model to U.S. macro, micro, and tax data and characterize the labor income …

The Great Recession had the most severe impact on state tax revenues of any downturn since the Great Depression. We … hypothesize that states with more progressive tax structures are more vulnerable to economic downturns, and that progressivity and … gains shares in the top 5 percent of taxpayers. Though the interaction between income volatility and high tax burdens at the …

In this study we assess the impact of the Working Income Tax Benefit (WITB) on labour supply, GDP and income … distribution in Canada, using a general equilibrium microsimulation model. We also estimate labour supply and demand elasticities … using survey data to ensure that households’ behaviour is properly captured in the model. Simulation results show that the …