Showing 1 - 8 of 8
the redistributive effects of different tax benefit instruments in the enlarged EU based on two approaches. Inequality …
Persistent link: https://www.econbiz.de/10003906234
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are … absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of … 26 to 35 per cent in the EU and 19 per cent in the US. There is large heterogeneity within the EU. Automatic stabilizers …
Persistent link: https://www.econbiz.de/10003922975
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 47 percent of the shock are … absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of … up to 30 per cent in the EU and up to 20 per cent in the US. There is large heterogeneity within the EU. Automatic …
Persistent link: https://www.econbiz.de/10008654956
European countries (using EU-SILC data) and the US (using CPS data). We find a robust tendency in all countries to compensate …
Persistent link: https://www.econbiz.de/10009314282
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are … absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of … 23 to 32 per cent in the EU and 19 per cent in the US. There is large heterogeneity within the EU. Automatic stabilizers …
Persistent link: https://www.econbiz.de/10003879344
In this paper, we present the first dynamic scoring exercise linking a multi‐country microsimulation and DSGE models for all countries of the European Union. We illustrate our novel methodology analysing a hypothetical tax reform for Belgium. We then evaluate real tax reforms in Italy and...
Persistent link: https://www.econbiz.de/10011751667
This paper investigates to what extent the tax and transfer systems in Europe protect households at different income levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi country micro simulation model to analyse how shocks on...
Persistent link: https://www.econbiz.de/10003959997
the new Keynesian DSGE model QUEST, used by the European Commission for analysing fiscal and structural reform in EU … obtained when scoring specific reforms in three EU Member States, namely, Italy, Belgium and Poland. We compare two different …
Persistent link: https://www.econbiz.de/10011981955