Over 60 economists from across Europe met in Lisbon last week to discuss nowcasting poverty, the impact of incentives to work, non-take up of benefit, measures to combat child poverty and other new research using EUROMOD, with representatives from the EU Commission Directorate General for Employment, Social Affairs and Inclusion, funders of the project.
EUROMOD is a tax-benefit microsimulation model for the European Union (EU) that enables researchers and policy analysts to calculate, in a comparable manner, the effects of taxes and benefits on household incomes and work incentives for the population of each country and for the EU as a whole.
As well as calculating the effects of actual policies it is also used to evaluate the effects of tax-benefit policy reforms and other changes on poverty, inequality, incentives and government budgets.
EUROMOD is a unique resource for cross-national research, designed to produce results that are comparable across countries and meaningful when aggregated to the EU level.