Publication type
Journal Article
Authors
Publication date
June 1, 2016
Abstract:
We explore the prospects for using the Eurosystem Household Finance and Consumption Survey (HFCS) dataset as an underlying micro-database for the EU tax-benefit model, EUROMOD. This will allow expanding the policy domains currently covered in EUROMOD with dimensions like wealth taxation, incentives for wealth accumulation and asset tests determining benefit eligibility. As the HFCS only contains gross income amounts which are not suitable for distributive analysis, the purpose of this paper is to derive net incomes by simulating the gross-to-net transition with EUROMOD taking into account all important details of the social security and personal income tax system. In order to identify the issues and illustrate their importance a trial database for Belgium and Italy is constructed
Published in
International Journal of Microsimulation
Volume and page numbers
Volume: 9 , p.35 -65
ISSN
17475864
Subjects
Link
https://ideas.repec.org/a/ijm/journl/v9y2016i3p35-65.html
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The Eurosystem Household Finance and Consumption Survey: a new underlying database for EUROMOD
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