IDEAS home Printed from https://ideas.repec.org/a/erc/cypepr/v7y2013i1p47-61.html
   My bibliography  Save this article

The Distributional Consequences of the Cypriot Crisis

Author

Listed:
  • Christos Koutsampelas

    (Economics Research Centre, University of Cyprus)

  • Alexandros Polycarpou

    (Economics Research Centre, University of Cyprus)

Abstract

The economic crisis affecting Cyprus is likely to have considerable impact on the income distribution. Our analysis provides an early assessment of the potential distributional shifts. Using microsimulation techniques we take into account austerity measures that affect wages, taxes, social benefits and contribution rates. The analysis also accommodates for the impact of unemployment rise on the income distribution. We focus on policy changes introduced over the period 2009-2012 and we extend the analysis further in 2013 and 2014, thus taking into account a number of measures that have been announced in the framework of the Memorandum of Understanding agreement. Our aim is to obtain the ceteris paribus impact of the crisis on inequality and poverty, as well as to estimate how the burden of austerity has been shared across certain population groups.

Suggested Citation

  • Christos Koutsampelas & Alexandros Polycarpou, 2013. "The Distributional Consequences of the Cypriot Crisis," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 7(1), pages 47-61, June.
    • Handle: RePEc:erc:cypepr:v:7:y:2013:i:1:p:47-61
    as

    Download full text from publisher

    File URL: https://www.ucy.ac.cy/erc/documents/Koutsampelas_Polycarpou_47-61.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yohanes Boni, 2022. "Agricultural Development’s Influence on Rural Poverty Alleviation in the North Buton Regency, Indonesia—The Mediating Role of Farmer Performance," Economies, MDPI, vol. 10(10), pages 1-14, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:erc:cypepr:v:7:y:2013:i:1:p:47-61. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vasiliki Bozani (email available below). General contact details of provider: https://edirc.repec.org/data/erucycy.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.