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. Simulation methods have been developed to approximate a solution for these integrals. This paper describes the Standard Halton … sequence and a modification of it, the Shuffled Halton sequence. Both are simulation methods which can reduce computational … effort compared to a random sequence. We compare the simulation methods in their coverage of the multi-dimensional area and …
Persistent link: https://www.econbiz.de/10011375025
We analyse the effectiveness of fiscal policy rules for business cycle stabilisation in a monetary union using a quarterly macro-econometric model of Germany. The simulations compare a deficit target and an expenditure target under a range of supply, demand and fiscal shocks. Their effects are...
Persistent link: https://www.econbiz.de/10010260720
Einleitung: Demographische Prozesse laufen nach dem Schneeballprinzip ab. Die Historie einer Population bestimmt entscheidend ihre Zukunft. Ist ein demographischer Prozeß ins Rollen gebracht worden, dann kann er nur schwerlich gestoppt werden. Von daher sind demographische Trends für die nahe...
Persistent link: https://www.econbiz.de/10010295345
path. For this purpose a macroeconomic simulation model which combines demographic forecasts with a modified Ramsey growth … rising fertility or permanent immigration. The simulation results illustrate that in the medium and in the long terms per …
Persistent link: https://www.econbiz.de/10010295613
automatic stabilisers and discusses their relationship to the Ricardian Equivalence Theorem. Based on simulation exercises with …
Persistent link: https://www.econbiz.de/10010295648
Mit Beginn des Jahres 2005 wird die letzte Stufe der von der rot – grünen Bundesregierung initiierten Steuerreform in Kraft treten. Außerdem sind im Rahmen der Agenda 2010 weitere Maßnahmen im Bereich der sozialen Sicherung vorgesehen. Unabhängig davon werden täglich aus Wissenschaft und...
Persistent link: https://www.econbiz.de/10010296847
In der Debatte über eine Reform des deutschen Einkommensteuersystems wird immer wieder die Einführung einer Flat Rate Tax gefordert. Üblicherweise bestehen solche Vorschläge aus den Elementen Verbreiterung der Bemessungsgrundlage, Erhöhung des Grundfreibetrags und Einführung eines (relativ...
Persistent link: https://www.econbiz.de/10010297009
analysis is based on micro data provided by the simulation model FiFoSiM using German income tax and household survey micro …
Persistent link: https://www.econbiz.de/10010297013
paper is to describe the state-of-the-art in simulation and to demonstrate the benefits of linking both model types …
Persistent link: https://www.econbiz.de/10010297030
This paper assesses the effects that an introduction of the French family splitting mechanism would have on German families' labour supply and intra-household consumption behaviour. We use simulated real world microdata created by means of a 'deterministic' collective labour supply model. The...
Persistent link: https://www.econbiz.de/10010297284