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Content archived on 2024-06-18

Effects of Progressive Taxation on Economic Growth, Labor Supply and Income Inequality

Objective

The proposed project aims to develop a dynamic macroeconomic model that incorporates progressive taxation and income distribution. For this purpose, it will focus on endogenous growth models with heterogeneous agents and complete asset markets. This model will be used to analyze the aggregate and distributional effects of income tax policy in European economies with respect to major socioeconomic issues such as the declining working hours, income inequality-economic growth relationship, and tax reform proposals. Moreover, the effects of informality will be analyzed for countries with big informal sectors such as Greece, Italy, and Turkey. The proposed project is novel in two main aspects: (1) methodologically, it advances the literature on heterogeneous agent models with complete asset markets and (2) the developed model will be used to analyze important policy issues for Europe that are not discussed at length in a dynamic general equilibrium setting yet.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP7-PEOPLE-2010-RG
See other projects for this call

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MC-IRG - International Re-integration Grants (IRG)

Coordinator

BOGAZICI UNIVERSITESI
EU contribution
€ 93 750,00
Address
BEBEK
34342 Istanbul
Türkiye

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Region
İstanbul İstanbul İstanbul
Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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