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This paper extends behavioural microsimulation modelling so that third round effects of a policy change can be simulated. The first round effects relate to fixed hours of work, while second round effects allow for changes in desired hours of work at unchanged wages. These allow for endogenous...
Persistent link: https://www.econbiz.de/10010292989
Childcare subsidies are typically advocated as a means to making paid employment profitable for mothers, but also have important ramifications for the use and quality of paid childcare. Even if one is concerned primarily with the quantity aspect, the quality dimension cannot be ignored. This...
Persistent link: https://www.econbiz.de/10010293046
Persistent link: https://www.econbiz.de/10010293095
This paper introduces a recursive algorithm with which to generate complete and accurate budget constraints using static microsimulation models. We describe the generic algorithm and discuss and extension by which reasons for any change in the marginal effective tax rate may be explained. We...
Persistent link: https://www.econbiz.de/10010330359
Persistent link: https://www.econbiz.de/10005509482
This paper introduces a recursive algorithm with which to generate complete and accurate budget constraints using static microsimulation models. We describe the generic algorithm and discuss and extension by which reasons for any change in the marginal effective tax rate may be explained. We...
Persistent link: https://www.econbiz.de/10005509486
This paper extends behavioural microsimulation modelling so that third round effects of a policy change can be simulated. The first round effects relate to fixed hours of work, while second round effects allow for changes in desired hours of work at unchanged wages. These allow for endogenous...
Persistent link: https://www.econbiz.de/10005037507
Our paper evaluates the labour supply effects of 'in work' benefit reforms in the UK, using the means-tested benefit reforms of July 1995 as an example. The reforms increased the generosity of all UK 'in work' benefits for those working more than 30 hours a week . This was a response to concerns...
Persistent link: https://www.econbiz.de/10005811387
The 1980s' tax reforms and the changing dispersion of wages offer one of the best opportunities yet to estimate labour supply effects. Nevertheless, changing sample composition, aggregate shocks, the changing composition of the tax paying population and discontinuities in the tax system create...
Persistent link: https://www.econbiz.de/10005727579
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Persistent link: https://www.econbiz.de/10005727586