Microsimulation Modelling of Taxation and the Labour Market reports new research on behavioural microsimulation modelling of tax and transfer systems. Its aims are twofold. Firstly, the book discusses the rationale for the basic modelling approach adopted and provides information on econometric...

This paper reports estimates of wage equations for groups of Australian workers, using pooled data from the Income Distribution Surveys for 1995 and 1996, the first two years for which continuous hours information is available for each individual. The problem of using the wage functions to...