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Redistribution over the Lifetime in the Irish Tax-Benefit System: An Application of a Prototype Dynamic Microsimulation Model for Ireland

Cathal O'Donoghue

No 56, Working Papers from National University of Ireland Galway, Department of Economics

Abstract: This paper examines the distribution of lifetime income in Ireland. To do this a new prototype dynamic microsimulation model for Ireland is used to generate lifetime income streams. Aggregating over the lifetime we can assess the distribution of lifetime income and the degree of redistribution in the tax-benefit system. In addition to the effect of taxes and benefits, we decompose lifetime income into its components and examine the impact of different life-cycle patterns.

Keywords: microsimulation; FiscalPolicy; Social Security; Income inequality (search for similar items in EconPapers)
JEL-codes: C81 H2 H23 H55 (search for similar items in EconPapers)
Date: 2002, Revised 2002
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Published in the Economic and Social Review Vol. 32 No.3, 2001.

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