The adverse distributional effects of a flat tax are well known and have been documented by empirical research in several countries, including Belgium. Advocates of the flat tax argue, correctly, that many of these studies do not take into account agents behavioural reactions and possible feed...

This paper quantifies the economic well-being of different age groups and the extent of their reliance on incomes from public and private sources. The aim is to establish how social benefits, and the taxes needed to finance them, affect income levels and disparities across different age groups....

Subjective well-being (SWB) is increasingly used as a way to measure individual well-being. Interpreted as "experienced utility", it has been compared to "decision utility" using specific experiments (Kahneman et al., 1997) or stated preferences (Benjamin et al. 2012). We suggest here an...

Subjective wellâ€being (SWB) is increasingly used as a way to measure individual wellâ€being. Interpreted as “experienced utilityâ€, it has been compared to “decision utility†using specific experiments (Kahneman et al., 1997) or stated preferences (Benjamin et al....

Using counterfactual microsimulations, Shapley decompositions of time change in inequality and poverty indices make it possible to disentangle and quantify the relative effect of tax-benefit policy changes, compared to all other effects including shifts in the distribution of market income....