Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/113336
Authors: 
Koutsampelas, Christos
Year of Publication: 
2014
Series/Report no.: 
EUROMOD Working Paper EM10/14
Abstract: 
Nowadays, Cyprus has engaged in an effort of reforming its tax-benefit system so as to adapt to the economic and social challenges of the post-crisis era. Among the most important social reforms is the introduction of a Guaranteed Minimum Income scheme (GMI). In this paper, we construct a number of hypothetical reform scenarios using the EUROMOD microsimulation model aiming at examining how certain features of the policy design affect the policy outcomes of the reform. The empirical analysis is accompanied with a wider discussion of the driving forces of the reform and the challenges which policymakers are expected to confront when implementing the new welfare scheme in the particular context of Cyprus.
Subjects: 
EUROMOD
Guaranteed Minimum Income
Cyprus
JEL: 
I38
I32
Document Type: 
Working Paper

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