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Immervoll, Herwig
O'Donoghue, Cathal
Year of Publication: 
Series/Report no.: 
CESifo Working Paper 1091
This paper utilises a multi-country microsimulation tax-benefit model for Europe, EUROMOD, to simulate the distribution of net replacement rates for 13 European countries. We look at different types of labour market transitions by comparing household incomes in the current state with simulated in-work/out-of-work counterfactuals. In particular we compare how the importance of household composition and different income sources varies across countries and for different replacement rate bands. We also show which individual and household characteristics are associated with observed replacement rate levels.
net replacement rate
unemployment benefits
work incentives European Union
Document Type: 
Working Paper

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