Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/64887 
Year of Publication: 
2012
Series/Report no.: 
EUROMOD Working Paper No. EM1/12
Publisher: 
University of Essex, Institute for Social and Economic Research (ISER), Colchester
Abstract: 
The aim of the paper is to provide a description of the latest public release of EUROMOD (version F5.0), a microsimulation model of taxes and benefits in the EU. After giving a brief account of the process of constructing EUROMOD, we present headline indicators for income inequality and risk of poverty using EUROMOD and discuss explanations for differences between these and EU- SILC based indicators. We then compare EUROMOD indicators across countries and as policies evolve across time between 2006 and 2009. Throughout we highlight both the potential of EUROMOD as a tool for policy analysis and the caveats that should be borne in mind when using it and interpreting results.
Subjects: 
microsimulation
redistribution
tax-benefit system
poverty
inequality
JEL: 
C15
H24
H55
I3
Document Type: 
Working Paper

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