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Under the Universal Credit reform, the main means-tested benefits except the Council Tax Benefit will be pooled into one single benefit with one single taper rate. The reform will give people better incentives to work, reduce complexity and contribute to reducing poverty. The reform could reduce...
Persistent link: https://www.econbiz.de/10009767763
Estonia. It makes use of microsimulation modelling approach and applies the EU tax-benefit model EUROMOD to quantify the first … both poverty and inequality reducing. Alternative policy scenarios indicate that, among the considered options, increasing … incentives at low and middle-income levels together with modest reductions in poverty and inequality. This Working Paper relates …
Persistent link: https://www.econbiz.de/10012111111
This paper uses data from the American Life Panel to understand the determinants of well-being in the United States during the Great Recession. It investigates how various dimensions of subjective wellbeing reflected in the OECD Better Life Framework impact subjective well-being. The results...
Persistent link: https://www.econbiz.de/10010464956
country with among the highest levels of income inequality in the OECD and a pattern of inequality that appears to be moving …
Persistent link: https://www.econbiz.de/10010464983
the EUROMOD microsimulation models, it shows that the new guaranteed minimum income scheme introduced in 2019 … revenues and increase inequality, by reducing the progressivity of the personal tax system. A proposed reform package that …-wage earners would make inroads into poverty and inequality while encouraging formal work. This paper accompanies and extends the …
Persistent link: https://www.econbiz.de/10012202861
Luxembourg is a rich and fast-growing country. However, inequality of disposable incomes has trended up modestly over … inequality of market incomes is substantially reduced by large social transfers, but the risk of relative poverty still affects … tackle poverty traps would both reduce inequality and improve the labour supply of residents. Strong activation policies are …
Persistent link: https://www.econbiz.de/10009767764
effective financial inclusion of the most vulnerable sectors of the population, and help fight poverty and inequality. …
Persistent link: https://www.econbiz.de/10010230644
Public support to families with pre-school children can be in the form of cash benefits (e.g. child allowances) or of “in-kind” support (e.g. care services such as kindergartens). The mix of these support measures varies greatly across OECD countries, from a cash / in-kind composition of...
Persistent link: https://www.econbiz.de/10009683221
This paper explores the role of social vouchers as a tool for social inclusion and local development. It presents a typology of vouchers and their objectives, governing institutional and regulatory frameworks, use by national and local governments, and the social economy (Section1). It analyses...
Persistent link: https://www.econbiz.de/10012801177
the Greek crisis on inequality and poverty in 2009-2014 using the micro-simulation model EUROMOD. Specifically, the paper … income surveys such as EU-SILC, income data usually become available with considerable delay. In this context, micro-simulation …-2014, a period for which survey data are not yet publicly available. The results indicate that inequality, as measured by most …
Persistent link: https://www.econbiz.de/10011577823