New edition of EIZ Working Papers

The latest edition of EIZ Working Papers brings the paper Missing top incomes and tax-benefit microsimulation: evidence from correcting household survey data using tax records data by Marko Ledić, Ivica Rubil and Ivica Urban. 

Using the microsimulation model EUROMOD for Croatia, the authors compare the results of simulation based on the original survey data (EU-SILC) with those based on the survey data corrected using tax records data and a recent survey correction method. The authors show that the correction method, although it debiases inequality estimates, may not be able to correct the income structure by source if some income sources are severely under-represented.

The publication can be accessed at the Institute's website here.