This Working Paper explains how estimates of current (2012) income, risk-of-poverty and inequality ("nowcasts") can be made using 2008 Statistics on Income and Living Conditions data (EU SILC) and the European Union tax-benefit microsimulation model EUROMOD. The method is illustrated for eight...

The at-risk-of-poverty rate is one of the three indicators used for monitoring progress towards the Europe 2020 poverty and social exclusion reduction target. Timeliness of this indicator is critical for monitoring the effectiveness of policies. However, due to complicated nature of the European...

The at-risk-of-poverty rate is one of the three indicators used for monitoring progress towards the Europe 2020 poverty and social exclusion reduction target. Timeliness of this indicator is critical for monitoring the effectiveness of policies. However, due in part to the complicated nature of...