Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/197598 
Year of Publication: 
2016
Series/Report no.: 
EUROMOD Working Paper No. EM12/16
Publisher: 
University of Essex, Institute for Social and Economic Research (ISER), Colchester
Abstract: 
This paper examines the main measures as announced in the 2016 Budget for Malta and their redistributive impact. The measures considered include the minimum pension measure, the in-work benefit and the income tax measure. EUROMOD, a tax-benefit micro-simulation model was used to simulate these measures and arrive at the results by looking at deciles of equivalised household disposable incomes. The overall result shows that the combined effect of these measures, redistribute income from higher to lower and middle income groups whilst lowering the at-risk-of-poverty rate. Whilst the retirement pension benefitted the bottom three decile groups, the income tax reform benefitted mostly the fourth, fifth and sixth decile groups. The in-work benefit, which was an extension of an existing benefit, mostly affected the lower income groups.
Subjects: 
EUROMOD
budgetary impact
income redistribution
JEL: 
D31
H24
H53
Document Type: 
Working Paper

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