The fiscal and equity impact of social tax expenditures in the EU

[…] find a variety of effects, in terms of sign and magnitude, across Member States, and within these, among types of households. Overall our findings suggest that the impact of tax expenditure on tax revenues and on income inequalities can be sizeable. The redistributive impact of removing tax expenditures can go both directions, either on […]

The income and consumption effects of Covid-19 and the role of public policy

[…] We analyse the source of these inequalities by relating employment outcomes to factors related occupational and industrial characteristics. We then conduct a quantitative assessment of the likely impact of covid-19 on households’ consumption and find that, because the adverse labour market impacts are concentrated on workers with low income and low assets, 70 percent […]

Incorporating health status into human capital stocks: an analysis for the UK

This study examines the impact of morbidity on human capital stocks (HCS) with an application to the UK from 1996 to 2018. It incorporates health status into the standard Jorgenson-Fraumeni lifetime earnings measure of HCS through its effect on absenteeism and presenteeism (lost productivity) by taking account of inactivity due to illness and modelling […]

The short-term distributional impact of COVID-19 in Malawi

[…] Malawi is expected to increase in 2020 compared to 2019 as companies begin to lay-off employees due to both demand and supply shocks. Our study investigates the impact of changes in employment due to the COVID-19 crisis on inequality and poverty using the recently developed tax-benefit microsimulation model for Malawi, MAMOD. In assessing the […]