Peichl, Andreas; Schneider, Hilmar; Siegloch, Sebastian - Institute for the Study of Labor (IZA) - 2010
This paper describes IZAΨMOD, the policy microsimulation model of the Institute for the Study of Labor (IZA). The model … of the individual households. Secondly, behavioral labor supply responses are estimated. The third component … distinguishes our model from most other microsimulation tools. A demand module takes into account possible restrictions of labor …