Microsimulation In Action: Policy Analysis in Europe Using EUROMOD

[…] project, seven chapters on different policy issues follow. Among the discussed themes: the relevance of the British tax credit to encourage female employment in continental Europe, the impact of hypothetical child benefits on child poverty in Southern Europe, the variety of effects of the same standard pension reform once implemented in different European countries, […]

Who pays for general training in private sector Britain?

[…] by employers. Our fixed effects estimates reveal that employer-financed training is associated with higher wages both in the current and future firms, with some eveidence that the impact in future firms is larger. These results are consistent with human capital theory with credit constraints, and with the relatively recent literature on training in imperfectly […]

Modelling vulnerability in the UK

[…] the British Household Panel Survey and find that, of three different types of risks that we test for, household-specific shocks and economy-wide aggregate shocks have the greatest impact on consumption, in comparison to shocks to the income stream. Quantile-specific estimates reveal specific quantiles, particularly those around the poverty line which are most susceptible to […]

Modelling vulnerability in the UK

[…] the British Household Panel Survey and find that, of three different types of risks that we test for, household-specific shocks and economy-wide aggregate shocks have the greatest impact on consumption, in comparison to shocks to the income stream. Quantile-specific estimates reveal specific quantiles, particularly those around the poverty line which are most susceptible to […]