This paper evaluates the importance of middle class vulnerability to poverty for subjective well-being (happiness) in … the lower income bound of the middle class (75% of the national median income) and not the poverty line (60% of the median …

counterfactual simulations. We start by decomposing changes in inequal- ity/poverty indices into three contributions: reforms of the …. -- Tax-bene t policy ; inequality ; poverty ; decomposition ; microsimulation …

-tax income (distribution, composition, demographic structure, etc.). We conduct this exercise for a battery of poverty and … ; poverty ; decomposition ; microsimulation …