Journal Article
Effects of changes in tax-transfer system on households income distribution in Bulgaria: simulation analysis using EUROMOD for 2011-2015
Authors
Publication date
2016
Summary
The paper presents some empirical results about the assessment of the effects from tax-transfer policies on incomes of Bulgarian households for the period 2011-2015 obtained by EUROMOD – the tax-transfer simulation model of the EU – utilizing data from EU SILC survey. The simulation analysis was performed by tracking the changes in household income distribution for any year from the period where the policy parameters from the base year (2011) were replaced by those enacted for each year, holding the population structure and gross household market incomes fixed at the base year. The results show that the changes in the policies brought in income increments mainly for the households in the lowest income groups. Poverty rate decreases by 1.3-2.9 percentage points (depending on several levels experimented for the poverty threshold). Nevertheless, the poverty level in Bulgaria is among the highest in EU and special measures should be launched in order to enhance the living standard of Bulgarian households.
Published in
Economic Thought
Volume and page numbers
5 , 72 -91
ISSN
16
Subjects
Households, Poverty, Income Dynamics, Microsimulation, Taxation, and Economic Policy
Links
Fee access - https://ideas.repec.org/a/bas/econth/y2016i5p51-71,72-91.html
Notes
Not held in Research Library - bibliographic reference only
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