Tax-incentivized vouchers favouring work-life balance: implementation and prospects for Italy
This paper analyzes the possible effects of the hypothetical introduction in Italy of a voucher program similar to the French CESU (Cheque Emploi Service Universel). After shortly discussing the rationale for public policies aimed at providing support to worklife balance, we introduce the possible role of vouchers in financing demand for such services. We remark that the CESU (together with similar programs currently run in the UK and in Belgium) set a new paradigm for social policy: the public financing takes the form of tax allowances and public funds are available under the condition that private money is spent on specific merit goods/services. We use a micro-simulation model in order to assess the impact of this program on family and firm budgets and on public finances in Italy. We find that these effects are substantial and that in the Italian tax system the issue of tax allowance exhaustion is crucial.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
When requesting a correction, please mention this item's handle: RePEc:mul:je8794:doi:10.1429/35197:y:2011:i:2:p:171-196. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.