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by personal income taxes, employees’ social security contributions and cash transfers, based on household-level micro … a decline in cash transfer redistribution while personal income taxes played a less important and more heterogeneous …
Persistent link: https://www.econbiz.de/10011823689
markets, taxes, infrastructure, skills, innovation, trade policy, rule of law and financial markets. Beyond changing the rules …
Persistent link: https://www.econbiz.de/10011823732
Portugal has one of the most unequal income distributions in Europe and poverty levels are high. The economic crisis has halted a long-term gradual decline in both inequality and poverty and the number of poor households is rising, with children and youths being particularly affected....
Persistent link: https://www.econbiz.de/10011399658
Persistent link: https://www.econbiz.de/10009690332
Over the past decade, the growth potential of the Hungarian economy has declined substantially. Trend productivity has ceased to increase, and investment has fallen to historically low levels. To an important extent, the explanation lies in a business environment characterised by high...
Persistent link: https://www.econbiz.de/10010375397
Significant labour market mismatches and insufficient mobility penalise employment and productivity. Mismatches have above all a skills dimension, with an excess of low-skilled workers and a possible lack of skilled workers in certain domains. Reducing the high tax wedge on low salaries and...
Persistent link: https://www.econbiz.de/10010375400
The paper studies the impact of tax-benefit policies on the distribution of household incomes and work incentives in Estonia. It makes use of microsimulation modelling approach and applies the EU tax-benefit model EUROMOD to quantify the first-order effects of policy changes in 2016-2018 and of...
Persistent link: https://www.econbiz.de/10012111111
is pervasive. Lower oil revenues and the expiration of a number of taxes are putting strains on the budget at a time when … social and development spending needs are rising. Heavy reliance on corporate income taxes reduces investment. At the same … time, the redistributive impact of taxation is reduced because most of income and wealth taxes are paid by firms rather …
Persistent link: https://www.econbiz.de/10011399538
The recent crisis has revealed large differences in external competitiveness between euro area member countries. Since nominal exchange rate devaluation is not an option for members of a currency area, governments in troubled member countries have been considering so-called fiscal devaluation,...
Persistent link: https://www.econbiz.de/10010231022
Brazil has made remarkable progress in reducing poverty and inequality. This reduction is explained by strong growth but also by effective social policies. Besides growth, public services and cash transfers have played the biggest role, the latter notably through the successful “Bolsa...
Persistent link: https://www.econbiz.de/10010231401