Benczúr, Péter; Kátay, Gábor; Kiss, Áron - Magyar Nemzeti Bank (MNB) - 2012
We present a new general-equilibrium behavioural microsimulation model designed to assess long-run macroeconomic and fiscal consequences of reforms to the tax and transfer system. General-equilibrium feedback effects are simulated by embedding microsimulation in a parsimonious macro model of a...