Using EUROMOD to nowcast poverty risk in the European Union

Authors

Jekaterina Navicke, Olga Rastrigina, Holly Sutherland

Publication Date

Jun 2013

Summary

This paper explains how estimates of current (2012) income, risk-of-poverty and inequality (“nowcasts”) can be made using 2008 EU-SILC data and the European Union (EU) tax-benefit microsimulation model EUROMOD. The method is illustrated for eight EU countries, among those experiencing the most volatile economic conditions in the period of the projection (2007-2012): Estonia, Greece, Spain, Italy, Latvia, Lithuania, Portugal and Romania. The method is evaluated by comparing results for 2008 to 2010 with statistics available from the EU-SILC corresponding to the same income reference periods. Nowcasts for 2011 and 2012 are also provided.

Publication type

Research Paper

Links

http://bookshop.europa.eu/en/using-euromod-to-nowcast-poverty-risk-in-the-european-union-pbKSRA13010/

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