The urgent need of the Cypriot state for fiscal adjustment puts considerable pressure on social spending. Yet, this process entails the danger of derailing the long-term goals of the government for tackling inequality and poverty. The present paper employs the micro data of the 2008/9 Family...

The economic crisis affecting Cyprus is likely to have considerable impact on the income distribution. Our analysis provides an early assessment of the potential distributional shifts. Using microsimulation techniques we take into account austerity measures that affect wages, taxes, social...

The paper examines the poverty risk among elderly in Cyprus both from a national and a comparative perspective. Using EU-SILC data we find that the elderly face four times higher risk of poverty than the working-age population, when the EU average is considerably lower. This is mostly due to a...