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Equilibrium simulation with microeconometric models: A new procedure with an application to income support policies

Colombino, Ugo - 2012

-time jobs). The most common use of these models is the simulation of tax-transfer reforms. The simulation is usually interpreted … simulation procedure, however, typically keeps fixed the estimated alternative-specific constants. In this note we argue that …-specific constants leads to the development of a simulation procedure consistent with the comparative statics interpretation. The …

Persistent link: https://www.econbiz.de/10010283995

Analytical Prediction of Transitions Probabilities in the Conditional Logit Model

Bonin, Holger; Schneider, Hilmar - 2004

The paper derives analytical transitions probabilities following an exogenous shock to the deterministic component in the conditional logit model. The solution draws on the postestimation distribution of the models stochastic component, identified on the basis of a direct utility maximization...

Persistent link: https://www.econbiz.de/10010261783

In-Work Policies in Europe : Killing Two Birds with One Stone?

Bargain, Olivier; Orsini, Kristian - 2004

Earning an income is probably the best way of avoiding poverty and social exclusion, hence the recent trend of promoting employment through in-work transfers in OECD countries. Yet, the relative consensus on the need for ?making work pay? policies is muddied by a number of concerns relative to...

Persistent link: https://www.econbiz.de/10010262176

Cooperative Models in Action : Simulation of a Nash-Bargaining Model of Household Labor Supply with Taxation

Bargain, Olivier; Moreau, Nicolas - 2005

Several theoretical contributions, starting with McElroy and Horney (1981) and Manser and Brown (1980), have suggested to model household behavior as a Nash-bargaining game. Since then, very few attempts have been made to operationalize cooperative models of household labor supply for policy...

Persistent link: https://www.econbiz.de/10010262203

Welfare reform in European countries: a microsimulation analysis

Immervoll, Herwig; Kleven, Henrik Jacobsen; Kreiner, … - 2005

This paper estimates the welfare and distributional impact of two types of welfare reform in the 15 (pre-enlargement) member countries of the European Union. The reforms are revenue neutral and financed by an overall and uniform increase in marginal tax rates on earnings. The first reform...

Persistent link: https://www.econbiz.de/10010267556

Modeling employment dynamics with state dependence and unobserved heterogeneity

Prowse, Victoria - 2010

This paper extends existing work on labor force participation dynamics by distinguishing between full-time and part-time employment and allowing unobserved heterogeneity in the effects of previous employment outcomes, children and education on employment dynamics. The results reveal significant...

Persistent link: https://www.econbiz.de/10010269788

Financing social security: simulating different welfare state systems for Germany

Dieckhöner, Caroline; Peichl, Andreas - 2009

In Germany, there is an ongoing debate about how to increase the efficiency of the social security system and especially its financing. The aim of this paper is to simulate different financing systems for Germany. The introduction of a Liberal British or the Southern Greek financing system...

Persistent link: https://www.econbiz.de/10010273860

Optimal redistributive taxation with both extensive and intensive responses

Jacquet, Laurence; Lehmann, Etienne; van der Linden, Bruno - 2010

This paper characterizes optimal income taxation when individuals respond along both the intensive and extensive margins. Individuals are heterogeneous across two dimensions: specifically, their skill and disutility of participation. Preferences over consumption and work effort can differ with...

Persistent link: https://www.econbiz.de/10010277028

The targeted negative income tax (TNIT) in Germany: evidence from a quasi experiment

Spermann, Alexander; Strotmann, Harald - 2006

We report empirical evidence from the first field experiments to be conducted in Germany with program and control groups between 1999 and 2002. The evaluated program called Targeted Negative Income Tax (TNIT) is a time-restricted employee subsidy for means-tested welfare recipients. We focus on...

Persistent link: https://www.econbiz.de/10010267334

Public versus private provision of daycare: an experimental evaluation

Viitanen, Tarja K. - 2007

This paper provides experimental estimates of the impact of a voucher for private care within the Nordic system of universal provision of public care. The private daycare voucher acted as a significant boost for new daycare entrepreneurs to enter the market thus increasing the overall daycare...

Persistent link: https://www.econbiz.de/10010268257