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Family Credit element of the UK Social Security system using the simulation algorithm SPAIN (Simulation Program for the … Analysis of INcentives). In choosing an appropriate labour supply model to include in the simulation algorithm, the degree to … function is found to be a most suitable model for simulation, with virtually the entire sample of single parents satisfying the …
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This paper introduces a recursive algorithm with which to generate complete and accurate budget constraints using static microsimulation models. We describe the generic algorithm and discuss and extension by which reasons for any change in the marginal effective tax rate may be explained. We...
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Family Credit element of the UK Social Security system using the simulation algorithm SPAIN (Simulation Program for the … Analysis of INcentives). In choosing an appropriate labour supply model to include in the simulation algorithm, the degree to … function is found to be a most suitable model for simulation, with virtually the entire sample of single parents satisfying the …
Persistent link: https://www.econbiz.de/10009708616