transfers or intergenerational reallocations. Lifecycle consumption and income patterns, and the systems for age reallocations … the next 35 years, and at age 61 consumption starts to exceed labor earnings and lifecycle deficits are once again … support the consumption of Filipinos in the deficit ages differ between the young and the elderly groups, with the mix also …

rise in the unemployment rate, by about 3 percentage points, and income inequality during the pandemic. Our results show …

increase of VAT volume but also, by way of feedback, a decline in consumption. The VAT and excise tax volumes planned in the … beginning will diminish in case of declining consumption. The VAT rate increase will allow for a short-time increase in income … income tax rate diminishes the volume of income tax and, simultaneously, fosters consumption, which in turn causes VAT …

Latvia the rate of unemployment has decreased, the wages are grown, expenses on a labour that has grown, that reduced an …

unemployment benefits; we find that the MW is preferred by the majority of workers (even when the unemployed receive very generous … unemployment benefits). In the second model, the government engages in redistribution through the public provision of private goods … given generosity of the unemployment benefit scheme, the maximum, politically viable, MW is lower than in the absence of in …