microsimulation model based on household budget survey data to assess the effects on various income groups and on inequality. We … inequality, while spending the revenues on a reduction of labour taxation increases inequality. These results could be relevant …

Computable general equilibrium (CGE) modeling is an attempt to use general equilibrium theory as a tool for analysis of … widespread use of CGE modeling probably is that a CGE model is an ideal bridge between economic theory and applied policy … research. The “bridge” perspective, however, suggests that CGE modeling is a way of using rather than testing economic theory …