Showing 1 - 10 of 1,261
and work incentives. To this end, the study employs SOUTHMOD, the tax-benefit microsimulation model, for six African … progressivity of personal income tax in Ethiopia, South Africa, Tanzania, Uganda, and Zambia; on the other hand, it improves … progressivity in Mozambique. However, it decreases the redistributive effect of personal income tax only in Ethiopia, Tanzania, and …
Persistent link: https://www.econbiz.de/10012665381
analyse tax policy reforms, including in particular pension and demographic issues. The main feature of the EDGE-M3 model lies … the greatest extent possible. In particular, it includes the richness of the tax code by means of income tax and social … insurance contribution rate functions estimated using data from the EUROMOD microsimulation model. This feature allows in …
Persistent link: https://www.econbiz.de/10012241664
As part of Germany’s fiscal response to the Covid-19 pandemic, parents received three payments totalling e450 per child. Randomization in the payment dates and daily scanner data allow us to identify the effects of these transfers on household spending. We find a significant but small spending...
Persistent link: https://www.econbiz.de/10013268076
Closely following the seminal contribution of Jappelli and Pistaferri (2014) - based on Italian household survey data - we employ data of 22 European countries to assess the role of heterogeneity of the marginal propensity to consume (MPC) for fiscal policy in the Euro area. We document an...
Persistent link: https://www.econbiz.de/10014486919
This paper assesses causes and consequences of fiscal redistribution in Brazil. The framework proposed allows … welfare, addressing both static and dynamic implications. To the best of our knowledge, this is the first microsimulation … attempt to gauge actual fiscal policy redistribution changes over time in Brazil. The study develops an empirical methodology …
Persistent link: https://www.econbiz.de/10011922207
exogenous borrowing constraints, the government runs a procyclical tax and transfer policy in the neighbourhood of the … aggregate consumption and tax cost over the business cycle deliver the qualitative difference in transfer policy when the …
Persistent link: https://www.econbiz.de/10010341002
We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly … regime counteract the deflationary forces during the recession. Moreover, redistribution produces a Pareto improvement under …
Persistent link: https://www.econbiz.de/10012388237
of factors including the growth of income support, healthcare inflation, neoliberal tax reforms, and macroeconomic …
Persistent link: https://www.econbiz.de/10011755988
equity implications of national tax policy reforms is greater than ever. National fiscal policies have a significant share in … out a consistent framework for the in-depth country analyses of tax reforms using EUROMOD performed by the European …
Persistent link: https://www.econbiz.de/10011981978
This paper presents the main characteristics of TREMOD, a tax-benefit microsimulation model for the Italian province of … Trento (Italy). TREMOD is based upon the EUROMOD platform microsimulation model, and its purpose is to inform local tax and … welfare policies. TREMOD is a flexible tool that allows simulation of the effects of different types of public policies on a …
Persistent link: https://www.econbiz.de/10010374082