Showing 1 - 8 of 8
This paper aims to provide an introduction to the current state of the art of EUROMOD, the European Union tax-benefit microsimulation model. It explains the original motivations for building a multi-country EU-wide model and summarises its current organisation. It provides an overview of EUROMOD...
Persistent link: https://www.econbiz.de/10010331182
In the microsimulation literature, it is still uncommon to test the statistical significance of results. In this paper we argue that this situation is both undesirable and unnecessary. Provided the parameters used in the microsimulation are exogenous, as is often the case in static...
Persistent link: https://www.econbiz.de/10010331183
Assessing the quality of microsimulation models is an important contributing factor for motivating their use in both academic and policy environments. This is particularly relevant for EUROMOD, the tax-benefit microsimulation model for the European Union, because it is intended to be widely...
Persistent link: https://www.econbiz.de/10012012798
This paper introduces the Hypothetical Household Tool (HHoT), a new extension of EUROMOD, the tax-benefit microsimulation model for the European Union. With HHoT, users can easily create their own hypothetical data, which enables them to better understand how policies work for households with...
Persistent link: https://www.econbiz.de/10012389709
Using EUROMOD, we cross-validate two types of micro-data presently available in the Grand-Duchy of Luxembourg, administrative data on one hand and survey data on the other hand. While administrative data, extracted from the recently implemented Social Security Data Warehouse, contain information...
Persistent link: https://www.econbiz.de/10010288278
We explore the prospects for using the EU-SILC as the underlying micro-database for policy simulation across the EU. In particular we consider the issues to be addressed, and the advantages arising, from building a database from the EUSILC for the EU tax-benefit model, EUROMOD. In order to...
Persistent link: https://www.econbiz.de/10010291239
This paper introduces a generalised model building platform (MMEANS) for implementing and using tax-benefit microsimulation models. It is designed to aid in the construction of single- and multi-country tax-benefit models by providing all essential components and a system by which these can be...
Persistent link: https://www.econbiz.de/10010291248
Tax-benefit microsimulation models are frequently used to analyse the distributional, budgetary and behavioural effects of social and fiscal policies in a period t* using data from some previous period that have been adjusted (“aged”) to approximate the population in period t*. This paper...
Persistent link: https://www.econbiz.de/10010291257