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Tax-benefit policies affect household incomes through two main channels: discretionary policy changes and automatic stabilisers. Although a large body of literature has studied the impact of tax-benefit policy changes on incomes, little is known about the link between automatic stabilisers and...
Persistent link: https://www.econbiz.de/10011926124
Following ECB-president Draghi's remark that the European Social Model does no longer exist and the crisis can only be overcome through a combination of austerity and structural reform, this paper examines the consequences of austerity measures and structural reforms adopted during the crisis in...
Persistent link: https://www.econbiz.de/10010190163
This paper uses microdata to look at stylised facts of EU-wide income inequality during the 2006-2013 period. Our contribution is to bring together four elements of the analysis that has appeared only in separation so far. Our analysis is EU-wide, but regionally detailed, looks at the longeset...
Persistent link: https://www.econbiz.de/10011867838
In view of rising concerns over increasing inequality in the European Union since the financial crisis, this study provides an inequality decomposition of the overall European income distribution by country. The EU Statistics on Income and Living Conditions are our empirical basis. Inequality...
Persistent link: https://www.econbiz.de/10010517184
In view of rising concerns over increasing inequality in the European Union since the financial crisis, this study provides an inequality decomposition of the overall European income distribution by country. The EU Statistics on Income and Living Conditions are our empirical basis. Inequality...
Persistent link: https://www.econbiz.de/10011280012
This paper explores trends in inequality and poverty using both market and after-tax and transfer income in the period during and after the Great Recession (through 2011). Using market income (or wages), inequality and poverty rose sharply between 2008 and 2010. The primary exception is measures...
Persistent link: https://www.econbiz.de/10013074448
This paper provides a detailed empirical assessment of the evolution of income inequality and the redistributive effects of the tax and transfer system following the 2007–2008 crisis. It focuses on the U.S. case, drawing on data from the Current Population Survey (CPS) for the period...
Persistent link: https://www.econbiz.de/10014132832
In this paper, we simulate the poverty effect of the Covid-19 pandemic in North Macedonia and we analyze the income-saving power of three key government measures: the employment-retention scheme, the relaxed Guaranteed Minimum Income support, and one-off cash allowances. In this attempt, the...
Persistent link: https://www.econbiz.de/10013215816
In view of rising concerns over increasing inequality in the European Union since the financial crisis, this study provides an inequality decomposition of the overall European income distribution by country. The EU Statistics on Income and Living Conditions are our empirical basis. Inequality...
Persistent link: https://www.econbiz.de/10013020927
Persistent link: https://www.econbiz.de/10011437917