Fiscal Inclusive Development: Microsimulation Models for Latin America

This book presents several microsimulation models that can be used to assess the welfare consequences of a number of policy reforms in five countries: Brazil, Chile, Guatemala, Mexico and Uruguay. By using micro data from national surveys, the models not only characterize the population on the aggregate but also on a number of dimensions such as age, family composition and income level, which are important for distributive analysis. The models also quantify and identify those who win and those who lose with a reform. Furthermore, the open-source nature of the models presented here will help to build-up technical capacities on the subject across Latin America.