Baseline results from the EU28 EUROMOD: 2017-2020

Arbeitspapier

This paper presents baseline results from the latest version of EUROMOD (version I3.0+), the tax-benefit microsimulation model for the EU. First, we briefly report the process of updating EUROMOD. We then present indicators for income inequality and risk of poverty using EUROMOD and discuss the main reasons for differences between these and EU-SILC based indicators. We further compare EUROMOD distributional indicators across all EU 28 countries and over time between 2017 and 2020. Finally, we provide estimates of marginal effective tax rates (METR) for all 28 EU countries in order to explore the effect of tax and benefit systems on work incentives at the intensive margin. Throughout the paper, 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. This paper updates the work reported in Kneeshaw (2020).

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: EUROMOD Working Paper ; No. EM 01/21

Classification and Topics

• Classification: Wirtschaft ; Statistical Simulation Methods: General ; Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes ; Fiscal Policies and Behavior of Economic Agents: Household ; Social Security and Public Pensions
• Subject: microsimulation ; redistribution ; tax-benefit system ; poverty ; inequality ; work incentives

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Kneeshaw, Jack ; Collado, Diego ; Framarin, Nicolo ; Gasior, Katrin ; Jara, H. Xavier ; Leventi, Chrysa ; Manios, Kostas ; Popova, Daria ; Tasseva, Iva
• Event: Veröffentlichung
• (who): University of Essex, Institute for Social and Economic Research (ISER)
• (where): Colchester
• (when): 2021

Further information

• Handle: http://hdl.handle.net/10419/259517
• Last update: 10.03.2025, 11:44 AM CET