IMF Fiscal Policy & Income Inequality policy paper: Evidence from EUROMOD

Drawing on six separate ISER research papers using EUROMOD as well as some additional data provided by ISER researchers, the International Monetary Fund has published a new policy paper on Fiscal Policy and Income Inequality.

The paper explores options for redistributive policies for policy makers to address income inequality within countries.

Professor Holly Sutherland, Director of EUROMOD said:

“I am delighted that the IMF has found EUROMOD-based research so useful for its study on fiscal policy and income inequality.”

Research evidence from EUROMOD includes

• The distributional effects of fiscal consolidation in nine EU countries EUROMOD Working Paper EM2/13

• The Distributional Impact of In-Kind Public Benefits in European Countries EUROMOD Working Paper EM10/09

• Household Incomes and Redistribution in the European Union: Quantifying the Equalising Properties of Taxes and Benefits EUROMOD Working Paper EM9/05

• The Effects of Taxes and Benefits on Income Distribution in the Enlarged EU EUROMOD Working Paper EM8/09

• Austerity and the income distribution: the case of Cyprus EUROMOD Working Paper EM4/13

• Modelling the Redistributive Impact of Indirect Taxes in Europe: An Application of EUROMOD EUROMOD Working Paper EM7/01

EUROMOD is a tax-benefit microsimulation model for the European Union (EU) that enables researchers and policy analysts to calculate, in a comparable manner, the effects of taxes and benefits on household incomes and work incentives for the population of each country and for the EU as a whole.