Integrating indirect taxation into EUROMOD. Documentation and results for Germany.

This paper documents the integration of microsimulation tools for direct taxation, indirect taxation, and social benefits in the context of the European tax and benefit simulator, EUROMOD. Integration has been developed parallely for the two countries, Belgium and Germany. The paper at hand documents the process and presents simulation results for the case of Germany. […]

Nonparametric estimation of a compensating variation: the cost of disability

[…] cost of public disability support. Economists often use the idea of a “compensating variation” (CV) as a way of measuring intangibles in money terms, to allow the impact of policy to be compared with its financial cost. For a disabled individual, the CV is defined as the amount of additional income he or she […]

Financial inclusion annual monitoring report 2014

[…] Foundation to measure changing levels of financial inclusion in Britain. We have seen some signs of economic recovery in the last year but has this had an impact on levels of financial security and financial inclusion? This research monitors these levels to highlight key trends here. In order to provide a comprehensive picture, this […]

Fiscal policy and income inequality

[…] distributive objectives in an efficient manner that is consistent with fiscal sustainability; and (iv) recent evidence on how fiscal policy measures can be designed to mitigate the impact of fiscal consolidation on inequality. This paper does not advocate any particular redistributive goal or policy instrument for fiscal redistribution. Both tax and expenditure policies need […]