Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/197565 
Year of Publication: 
2017
Series/Report no.: 
EUROMOD Working Paper No. EM16/17
Publisher: 
University of Essex, Institute for Social and Economic Research (ISER), Colchester
Abstract: 
Applied welfare analyses of redistributive systems nowadays benefit from powerful tax benefit microsimulation programs combined with administrative data. Arguably, most of the distributional studies of that kind focus on social welfare defined as a function - typically inequality or poverty indices - of household equivalized income. In parallel, economic research has made considerable progress in the measurement of welfare along several dimensions. Distinct but related branches of the literature have attempted (i) to model different behaviour (in a way that matter for incidence and redistribution of tax benefit policies), (ii) to go beyond income, (iii) to better define and estimate equivalence scales, (iv) to open the household black box and measure welfare at the individual level. I suggest a general framework to critically review these streams of literatures and to discuss whether recent advances in each of these fields have been or could be readily operationalized in welfare analyses and policy simulations.
Subjects: 
welfare analysis
redistributive systems
microsimulation
equivalence scales
collective models
JEL: 
C81
D31
H21
H23
H31
Document Type: 
Working Paper

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