The Department for Work and Pensions (DWP)’s Pensim2 model is a dynamic microsimulation model. The principal purpose of …

debate in informed by tax benefit modelling, yet accurate modelling of Family Credit is fraught with potential problems. The …

; it looks less favourable if implemented only for childless couples. Increasing in-work benefits and/or cutting tax rates …This paper estimates the marginal efficiency cost of redistribution (MECR) associated with a demogrant and an in … methodological advance in the paper is its greater allowance for heterogeneity in the population than previous work. The rate of tax …