Christl, Michael; De Poli, Silvia; Varga, Janos - 2020
level. First, we assess the fiscal and distributional impact of this reform using EUROMOD. Second, we estimate labour supply … impacts of the reform based on a structural discrete choice framework. Third, we evaluate the macroeconomic impacts, by … calibrating and shocking the DSGE model QUEST, with the micro-based results. We show that the reform reduces inequality, lowers …