[…] countries. Most papers in this domain have investigated existing in-work benefits (for an overview see e.g. Kenworthy, 2015). We take a different approach as we evaluate the impact of different design components on work incentives and poverty indicators by building step-by-step a stylised working tax credit. By different design components we mean: is the […]
[…] may be different from each other in all sorts of other ways that are difficult to control for, meaning that researchers risk bundling up the actual causal impact of experience with the impacts of other factors that also affect wages or wage progression. In the new working paper, we employ a technique to get […]
The design of tax systems has a considerable impact on the personal distribution of income and wealth at the household and the individual level, and due to the gender-differentiated socio-economic conditions also in a gender perspective. One of the most important areas of taxation is the taxation of personal incomes through the personal income […]
[…] 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 […]
Financial incentives affect the labour supply decisions of households, but typically the impact of such incentives varies significantly across household types. While there is a substantial literature on the labour supply effects of tax reforms and in-work benefits, the impact of changes in social assistance benefits has received less attention. This paper analyses the […]
[…] 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 […]
Financial incentives affect the labour supply decisions of households, but typically the impact of such incentives varies significantly across household types. While there is a substantial literature on the labour supply effects of tax reforms and in-work benefits, the impact of changes in social assistance benefits has received less attention. This paper analyses the […]
This is the third time we have written a report taking stock of the impact of the virus on the labour market. Nine months on from our first report in June last year, some things are similar. The health effects of the second wave may be starting to recede, and thoughts are again turning […]
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 […]
[…] 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 […]