Reviewing Australia's Static Tax/Transfer Microsimulation Model

Ben Phillips () and Robert Tanton ()
Additional contact information
Ben Phillips: NATSEM, University of Canberra

No 11/04, NATSEM Working Paper Series from University of Canberra, National Centre for Social and Economic Modelling

Abstract: In 2010, the Secretary to the Treasury of the Government of Australia (Ken Henry) chaired a review of Australia’s Tax system (called the Henry Review). This review outlined a number of significant changes to Australia’s tax system, which could be implemented over a number of years, including reducing the corporate tax rate; and the introduction of a new mining tax. This review provides a long term strategy for Australia’s tax system, but also shows that Australia’s current static Tax/Transfer model (STINMOD) will need to be re-configured to be able to respond to future demands for policy modelling. As a start to this, NATSEM and the Commonwealth Government have instituted a full review of the STINMOD model, from a full code review through to fundamental questions about how the model will be able to respond to future policy requirements. This paper will highlight how the model was reviewed, what was considered in the review, and what the conclusions of the review were.

Keywords: Australian Tax System; STINMOD (search for similar items in EconPapers)
Pages: 21 pages
Date: 2011-06
References: Add references at CitEc
Citations:

Published as a NATSEM Working Paper series

Downloads: (external link)
http://www.natsem.canberra.edu.au/files/download?id=697 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.natsem.canberra.edu.au:80 (A connection attempt failed because the connected party did not properly respond after a period of time, or established connection failed because connected host has failed to respond.)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cba:wpaper:wp114

Access Statistics for this paper

More papers in NATSEM Working Paper Series from University of Canberra, National Centre for Social and Economic Modelling Contact information at EDIRC.
Bibliographic data for series maintained by Peter Trueman ( this e-mail address is bad, please contact ).