Table 4 Aggregate effects, percentage change from the base run ²⁹

From: Labour supply and income distribution effects of the working income tax benefit: a general equilibrium microsimulation analysis

		Scenario 1	Scenario 2	Scenario 3
Labour supply		0.15	0.21	0.04
Real GDP		0.09	0.12	0.02
Wage rate
	High-skill	−0.03	−0.01	0.02
	Medium-skill	−0.09	−0.06	0.04
	Low-skill	−0.14	−0.27	−0.11
Low-income rate		−0.86	−1.64	0.04
Low-income gap		−0.45	−1.48	−0.56
Gini index		−0.17	−0.36	−0.01

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