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dc.contributor.authorMatsaganis, Manosen_US
dc.contributor.authorLeventi, Chrysaen_US
dc.date.accessioned2011-08-02en_US
dc.date.accessioned2012-10-15T14:12:01Z-
dc.date.available2012-10-15T14:12:01Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/64870-
dc.description.abstractThe severe economic crisis affecting Greece is widely expected to have a significant social impact in terms of greater inequality and increased poverty. We provide an early assessment of whether (and to what extent) this is the case. More specifically, we distinguish between two inter-related factors: on the one hand, the austerity measures taken to reduce fiscal deficits; on the other hand, the wider recession. Using the European tax-benefit model EUROMOD we attempt to quantify the distributional implications of both. With respect to the austerity measures, we focus on the changes introduced in spring 2010 affecting income tax, pension benefits and public sector pay. With respect to the wider recession, we model the effects of rising unemployment and inflation, as well as of lower earnings for self-employed workers and for employees of private firms. In simulating the impact of these changes on the distribution of incomes (and in estimating how the total burden of the crisis is shared across income groups), we take into account tax evasion and benefit non take up. We end by discussing the methodological pitfalls and policy implications of our research.en_US
dc.language.isoengen_US
dc.publisherUniv. of Essex, Institute for Social and Economic Research Colchesteren_US
dc.relation.ispartofseriesEUROMOD Working Paper EM3/11en_US
dc.subject.jelC81en_US
dc.subject.jelH55en_US
dc.subject.jelI3en_US
dc.subject.ddc330en_US
dc.subject.keywordausterityen_US
dc.subject.keywordGreeceen_US
dc.subject.keywordinequalityen_US
dc.subject.keywordpovertyen_US
dc.subject.keywordmicrosimulationen_US
dc.subject.stwÖffentliche Schuldenen_US
dc.subject.stwWirtschaftskriseen_US
dc.subject.stwSoziale Lageen_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwArmuten_US
dc.subject.stwSimulationen_US
dc.subject.stwGriechenlanden_US
dc.titleThe distributional impact of the crisis in Greeceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn66527565Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:EUROMOD Working Paper Series, Institute for Social and Economic Research (ISER), University of Essex

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