TOWARDS A MULTI-PURPOSE FRAMEWORK FOR TAX-BENEFIT MICROSIMULATION

Herwig Immervoll and Cathal O'Donoghue

Computational Economics from University Library of Munich, Germany

Abstract: This paper introduces a generalised model building platform (MMEANS) for implementing and using tax-benefit microsimulation models. It is designed to aid in the construction of single- and multi-country tax- benefit models by providing all essential components and a system by which these can be parameterised and combined into a full model. We explain the conceptual and computational issues arising in the design and development of MMEANS. One application of the software has been to construct EUROMOD, a 15 country European tax-benefit model (Immervoll et al., 1999; Sutherland, 2001). However, we argue that, apart from its direct usefulness for this model, MMEANS can be used as a general software tool for microsimulation model building.

Keywords: Microsimulation; Tax-Benefit Model; European Union (search for similar items in EconPapers)
JEL-codes: C81 C88 (search for similar items in EconPapers)
Date: 2003-02-07
New Economics Papers: this item is included in nep-cmp and nep-pke
Note: Type of Document - ; figures: included. EUROMOD web-site:
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Working Paper: Towards a multi purpose framework for tax benefit microsimulation (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpco:0302002

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