Euromod, a research tool used to estimate the effects of taxes and benefits on households in Europe, has been awarded a grant of €4.5 million (£4 million).

Euromod, a research tool used to estimate the effects of taxes and benefits on households in Europe, has been awarded a grant of €4.5 million (£4 million).

The European Commission funding will be used to develop the tool, which was created by a team of international specialists led by the Institute for Social and Economic Research (ISER) at the University of Essex. ISER intends to extend Euromod to cover the whole enlarged European Union over the next three years.

The money will also be employed in marketing the project to researchers and government bodies and explaining how it could be used in developing policies to tackle inequality and poverty.

Holly Sutherland, research professor at ISER, says, ‘This significant grant is a real boost for the project. [It’s] a great opportunity to build on the work done so far and to establish Euromod as part of the tool kit for cross-national comparative social science.’