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The fall in energy prices has opened a window of opportunity for governments in both developed and developing countries to reform subsidy schemes for fossil fuels, which worldwide cost an estimated USD 1.9 trillion a year. Careful reforms would not only strengthen public finances but reduce...
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would focus on financial poverty: people living in households with economic resources below the level used by Eurostat (60 …% of the median in the Member State), with this being accompanied by a measure of child poverty. Social investment in … is not a complete substitute for social spending. The European countries which perform best in terms of reducing poverty …
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Over the past 20 years, microsimulation models have come to play an important role in policy analysis, identifying gainers and losers, and characterising the effect on incentives. A natural development of national models is a Europe-wide tax benefit model. The present paper reports results from...
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