Microsimulation models are increasingly used to calibrate macro models for tax policy analysis. Yet, their potential remains underexploited, especially in order to represent the non-linearity of the tax and social benefit system and interactions between capital and labour incomes which play a...

An increasing proportion of people towards the bottom of the UK's income distribution are in a household where someone is in paid work. Working households comprised 37% of those below the official poverty line in 1994-95 and 58% in 2017-18. Much of that increase is due to trends that seem...

For the studies of wealth, inequality and poverty, the analysis of income distribution of the individuals is a crucial issue. In practice, however, only aggregated data are available, either in groups or as a few quantiles of the distribution. To perform counterfactual exercises, it is desirable...

This paper considers the case for universal child allowances in Ghana. It follows findings from an earlier study of 14 middle income countries that examined optimal approaches to reduce child poverty using universal categorical child allowances. The paper describes the demographic profiles that...

Mali has introduced a program to produce biodiesel using jatropha, a shrub widely available throughout the country. The aim of the program is to partially substitute diesel, which is entirely supplied through imports, with domestically produced biodiesel. In this paper, we use a computable...

Mali has introduced a program to produce biodiesel using jatropha, a shrub widely available throughout the country. The aim of the program is to partially substitute diesel, which is entirely supplied through imports, with domestically produced biodiesel. In this paper, we use a computable...

This paper considers the case for universal child allowances in Ghana. It follows findings from an earlier study of 14 middle income countries that examined optimal approaches to reduce child poverty using universal categorical child allowances. The paper describes the demographic profiles that...

Stress testing can be a useful tool for authorities to assess the resilience of their banking systems to various shocks, including those that result in more borrowers being unable to repay their debts. This article outlines a model that simulates household loan defaults and losses using data...