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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

On the multivariate analysis of the Lisbon process

Tausch, Arno; Heshmati, Almas; Bajalan, Chemen S.J. - 2007

Starting from Professor Kornai's assertion about the necessity to focus on the long-term perspectives of the transformation process, we analyze in this paper the Lisbon performance of the countries of the European Union from such a long-term, structural perspective. We present in a simple form...

Persistent link: https://www.econbiz.de/10010268253

Instability of the Eurozone? On monetary policy, house prices and labor market reforms

Belke, Ansgar; Gros, Daniel - 2007

This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...

Persistent link: https://www.econbiz.de/10010269233

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

Inequalities within couples: market incomes and the role of taxes and benefits in Europe

Figari, Francesco; Immervoll, Herwig; Levy, Horacio; … - 2007

In spite of there being few elements of tax or cash benefit systems in developed countries that are any longer explicitly gender-biased in a discriminatory sense, it is well recognised that they have significant gender effects. To the extent that women earn less than men on average under...

Persistent link: https://www.econbiz.de/10010268560

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