BPV_APF1 Public Finance 1 - Interactive Syllabus
Week 4 (Robert Jahoda)
Great revision of basic knowledge.
A) Personal Income Tax
* tax deductions, tax credits, tax rates, social security contribution
* tax progresivity measurement
* OECD: Taxing Wages
B) Pensions
* financing: PAYG principle X fully funded principle
* benefit calculation: defined benefit X defined contribution
C) In-work tax credits
* EITC
* Bargain, Orsini. In-work policies in Europe: killing two birds with one stone? (https://www.iser.essex.ac.uk/research/publications/working-papers/euromod/em4-04.pdf)