Download or read book Structural Labour Supply Models and Microsimulation written by Rolf Aaberge and published by . This book was released on 2018 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the paper is to provide a discussion of the various approaches for accounting for labour supply responses in microsimulation models. The paper focuses attention on two methodologies for modelling labour supply: the discrete choice model and the random utility - random opportunities model. The paper then describes approaches to utilising these models for policy simulation in terms of producing and interpreting simulation outcomes, outlining an extensive literature of policy analyses utilising these approach. Labour supply models are not only central for analyzing behavioural labour supply responses but also for identifying optimal tax-benefit systems, given some of the challenges of the theoretical approach. Combining labour supply results with individual and social welfare functions enables the social evaluation of policy simulations. Combining welfare functions and labour supply functions, the paper discusses how to model socially optimal income taxation.
Download or read book A Structural Dynamic Microsimulation Model of Household Savings and Labour Supply written by Justin Van de Ven and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Structural Labour Supply Model with Nonparametric Preferences written by Arthur van Soest and published by . This book was released on 2000 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Estimating Intertemporal Labour Supply Elasticities Using Structural Models written by Olympia Bover and published by . This book was released on 1988 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labour Supply and Microsimulation written by John Creedy and published by Edward Elgar Publishing. This book was released on 2006 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a detailed introduction to behavioural tax microsimulation methods and reviews the use of such models for evaluating tax policy reforms. The steps required to construct a microsimulation model are described in detail and methods of evaluating policy changes are then presented. Labour Supply and Microsimulation deals with a number of issues related to interpreting results from microsimulation, such as welfare measurement, income distribution, confidence intervals around the simulated results and feedback effects on the wage distribution via labour demand. All of the approaches and proposed methods are general and not model-specific. The book includes detailed descriptions of how labour supply models can be used in building behavioural microsimulation models as well as the development of new methods for evaluating policy reforms; for example, dealing with income distribution in discrete hours models, measuring welfare changes and constructing confidence intervals. John Creedy and Guyonne Kalb's book will appeal to graduate students and academic researchers in the fields of labour economics and public finance. Economists in government departments who wish to use the output from microsimulation models in tax policy analysis and design will also find much to engage them within the book.
Download or read book Handbook of Microsimulation Modelling written by and published by Emerald Group Publishing. This book was released on 2014-11-06 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microsimulation Modelling involves the application of simulation methods to micro data for the purposes of evaluating the effectiveness and improving the design of public policy. The field has been applied to many different policies within both government and academia. This handbook describes and discusses the main issues within the field.
Download or read book Discrete Hours Labour Supply Modelling written by Guyonne Kalb and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Estimating Intertemporal Labour Supply Elasticities Using Structural Models written by Olympia Bover Hidiroglu and published by . This book was released on 1988 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Structual Labour Supply Model with Nonparametric Preferences written by Arthur van Soest and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nonparametric techniques are usually seen as a statistic device for data description and exploration, and not as a tool for estimating models with a richer economic structure, which are often required for policy analysis. This paper presents an example where nonparametric flexibility can be attained in a fully structural model. A structural labour supply model with a nonparametric specification of preferences is introduced, which can be used for the analysis of all sorts of (non-linear) tax and benefits changes. Moreover, the model can deal with several other problems in estimation of structural labour supply models, such as non-convex tax rules, benefits, unobserved wages of non-workers, and model coherency. The utility maximization problem is solved by discretizing the budget set and choosing the optimal leisure and income combination from a finite set of alternatives. The direct utility function is approximated with a series expansion. For a given length of the expansion, the model is estimated by smooth simulated maximum likelihood. The wage equation is estimated jointly with the labour supply model, and measurement errors in wage rates are allowed for. The model is estimated with Dutch data on labour supply of married females, for various lengths of the series expansion. Estimates of labour supply elasticities and effects of a proposed tax reform suggest that the results do not change much once the order of the series expansion is extended beyond two, even though the second order model is statistically rejected against higher order models. Monte Carlo simulations are used to show that the estimation strategy has remarkably good finite sample properties for the size of our sample. On the other hand they lead to some concern about the potential bias to measurement error in the hours variable.
Download or read book Intertemporal Labour Supply Decisions written by Olympia Bover-Hidiroglu and published by . This book was released on 1987 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Practical Microsimulation Modelling written by Cathal O'Donoghue and published by Oxford University Press. This book was released on 2021 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Practical Microsimulation Modelling' brings together a description and examples of the main methods used in microsimulation modelling used in the field of income distribution analysis. It is structured to develop and use the different types of models used in the field, with a focus on household targeted policy.
Download or read book Microsimulation Modelling for Policy Analysis written by Lavinia Mitton and published by Cambridge University Press. This book was released on 2000-09-21 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applications and methods of state of the art microsimulation modelling.
Download or read book A Continuous Labour Supply Model in Microsimulation A Life Cycle Modelling Approach with Heterogeneity and Uncertainty Extension written by Jinjing Li and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Estimating Labour Supply Responses and Welfare Participation written by Jorgen Hansen and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: French Abstract: Estimation des réponses de lx'offre de travail et de la participation à l'aide sociale: utilisation d'une expérience vécue pour valider un modèle structurel d'offre de travail. On calibre un modèle économique d'offre de travail et de participation à l'aide sociale en utilisant des données pour les hommes célibataires du Québec tirées du recensement de 1986. On dérive d'un modèle de micro-simulation des budgets détaillés pour chaque combinaison de travail et d'aide sociale - tenant compte des impôts sur le revenu, des crédits d'impôt, et des prestations d'aide sociale. On montre que les réactions prévues à la réforme de l'aide sociale qui a eu lieu en 1989 répliquent les changements qui se sont produits dans l'offre de travail et dans la participation à l'aide sociale. On illustre l'avantage d'avoir calibré un modèle structurel en montrant comment l'offre de travail et la participation à l'aide sociale se sont modifiées quand les impôts sur le revenu et les prestations d'aide sociale ont changé
Download or read book Laborsim written by Roberto Leombruni and published by . This book was released on 2006 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most Oecd Countries are experiencing a rapid population ageing. Italy adds to this picture a very low labour market participation of the elders, so that most projections of the impact of ageing on the labour market are rather pessimistic. However, there are other long run modifications currently underway that will presumably have a sizeable impact on the labour market, above all changes in the retirement legislation, in educational choices and participation behaviour. In this paper we present LABORsim, an agent based microsimulation model of labour supply, which offers new insights on the likely evolution of the labour force in the next decades in Italy. LABORsim integrates the current demographic projections with simulation modules modelling retirement rules, retirement behaviours, migrations, education and participation choices, plus a consolle to implement various policy scenario analyses. When all these factors are taken into account, projections for next decades are not that pessimistic. In most scenarios, the overall participation rate is expected to increase steadily for the next two decades, while shortages in the labour force supply and an unfavourable dynamics for the economic dependency rate are expected to show up only after 2020, when the baby boom generations will arrive at their retirement ages. This is not enough, however, to allow Italy to meet the EU Stockolm and Lisbon targets for male and female employment rates for many decades to come. The sharp increase in the participation rates for the elderly (aged 55-64), mainly driven by the recent changes in the retirement eligibility criteria, will make it possible to meet the Stockholm target of 50% employment rate in this age group by 2015, i.e., with only 5 years of delay.
Download or read book Discrete Hours Labour Supply Modelling written by John Creedy and published by . This book was released on 2003 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Microsimulation Model of Labour Supply for UK Tax Reform written by Alan Duncan and published by . This book was released on 1991 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
