Estimating the small area effects of austerity measures in the UK

Tony Lawson

Research output: Chapter in Book/Report/Conference proceedingChapter

1 Citation (Scopus)

Abstract

In response to recent economic and financial difficulties, governments across Europe and beyond have implemented a range of cost-cutting and income-generating programmes in order to re-balance their fiscal budgets following substantial investments in stabilising domestic financial institutions in 2008 and 2009. One approach has been to increase tax rates such as the increase in Value Added Tax (VAT) in the United Kingdom (UK) from 17.5% to 20% from 1 January 2011. This Chapter investigates the economic effect in small areas.
Original languageEnglish
Title of host publicationNew Pathways in Microsimulation Modelling
EditorsGijs Dekkers, KU Leuven, Marcia Keegan, Cathal O’Donoghue
Place of PublicationFarnham
Publication statusPublished - Feb 2014

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Keywords

  • microsimulation
  • household
  • austerity measures
  • united kingdom

Cite this

Lawson, T. (2014). Estimating the small area effects of austerity measures in the UK. In G. Dekkers, KU. Leuven, M. Keegan, & C. O’Donoghue (Eds.), New Pathways in Microsimulation Modelling Farnham.