Christl, Michael; De Poli, Silvia; Varga, Janos - 2020
This paper analyses the impact of the implementation of a child tax credit in Austria in 2019, both on micro and macro … level. First, we assess the fiscal and distributional impact of this reform using EUROMOD. Second, we estimate labour supply … calibrating and shocking the DSGE model QUEST, with the micro-based results. We show that the reform reduces inequality, lowers …