Alberto Tumino
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View article: IMF Engagement on Education Spending in Surveillance and Program Work
IMF Engagement on Education Spending in Surveillance and Program Work Open
Engaging on education spending supports the delivery on the Fund’s macroeconomic mandate. Education is a key determinant of economic growth and development and plays a fundamental role in reducing inequalities. Public intervention in educa…
View article: Monetary compensation schemes during the COVID-19 pandemic: implications for household incomes, liquidity constraints and consumption across the EU
Monetary compensation schemes during the COVID-19 pandemic: implications for household incomes, liquidity constraints and consumption across the EU Open
This paper analyses the effect of the COVID-19 pandemic on household disposable income and household demand in the European Union (EU) during 2020, making use of the EU microsimulation model EUROMOD and nowcasting techniques. We show evide…
View article: Fiscal Monitor April 2023
Fiscal Monitor April 2023 Open
The report discusses how public finances have fluctuated with multiple shocks since the pandemic, characterized by atypical growth, inflation dynamics, and fiscal support to mitigate the shocks. The recent financial turmoil aggravated an a…
View article: Atypical Work and Unemployment Protection in Europe*
Atypical Work and Unemployment Protection in Europe* Open
This article evaluates the degree of income protection that the tax‐benefit system provides to atypical workers in the event of unemployment. Our approach relies on simulating transitions from employment to unemployment for the entire work…
View article: Households' income and the cushioning effect of fiscal policy measures during the Great Lockdown
Households' income and the cushioning effect of fiscal policy measures during the Great Lockdown Open
We analyse the impact of the COVID-19 crisis on EU households' income and assess the cushioning effect of discretionary policy measures taken by the EU Member States. Our assessment is based on the European Commission Spring 2020 forecasts…
View article: Heterogeneity in effective VAT rates across native and migrant households in France, Germany and Spain
Heterogeneity in effective VAT rates across native and migrant households in France, Germany and Spain Open
This paper contributes to the literature on the distributional properties of VAT analysing who bears higher VAT payments between native and migrant household in France, Germany and Spain. The question is of interest both from a distributio…
View article: Income protection of atypical workers in the event of unemployment in Europe
Income protection of atypical workers in the event of unemployment in Europe Open
This paper evaluates the degree of income protection the tax-benefit system provides to atypical workers in the event of unemployment, comparing them to standard employees. Our approach relies on EUROMOD, the EU tax-benefit microsimulation…
View article: What makes a fair society? Insights and evidence
What makes a fair society? Insights and evidence Open
This report responds to the anger and frustration felt by too many EU citizens. It asks whether a rising sense of unfairness may be fuelling it. It defines and measures fairness in a multi-dimensional context and spells out what data can t…
View article: Essays in labour economics : school leaving, unemployment and retirement
Essays in labour economics : school leaving, unemployment and retirement Open
This thesis investigates empirically three topics related, respectively, to school leaving, unemployment and retirement. It consists of three independent research articles, accompanied by a general introduction and a conclusion section. Ch…
View article: Retirement and cognitive abilities
Retirement and cognitive abilities Open
This paper investigates how retirement influences the cognitive abilities of British older workers. The analysis employs data from Understanding Society and relies on an instrumental variable approach to address endogeneity bias. Consisten…
View article: The redistributive and stabilising effects of an EMU unemployment benefit scheme under different hypothetical unemployment scenarios
The redistributive and stabilising effects of an EMU unemployment benefit scheme under different hypothetical unemployment scenarios Open
The idea of a common unemployment benefit system for the European Monetary Union (EMU) has provoked increasing interest in both the political and academic spheres because of its potential to smooth fluctuations in income across member stat…
View article: The impact of local labour market conditions on school leaving decisions
The impact of local labour market conditions on school leaving decisions Open
We use data from the British Household Panel Survey and Labour Force Survey to analyse the relationship between the demand for post compulsory education and prevailing labour market conditions in Britain. We explicitly incorporate the role…
View article: The scarring effect of unemployment from the early'90s to the Great Recession
The scarring effect of unemployment from the early'90s to the Great Recession Open
This paper addresses two issues of great importance in the current economic climate. First, it analyses the extent to which unemployment experiences have a scarring effect on British men during the Great Recession. Second, it provides an i…