Creedy, John; Kalb, Guyonne; Scutella, Rosanna - In: Studies on economic well-being : essays in the honor of …, (pp. 201-228). 2004
Recent studies have examined tax policy issues using labour supply models characterised by a discretised budget set. Microsimulation modelling using a discrete hours approach is probabilistic. This makes analysis of the distribution of income difficult as even for a small sample with a modest...