Microsimulation Modelling of Taxation and the Labour Market: The Melbourne Institute Tax and Transfer Simulator - Hardcover

Creedy, John; Duncan, Alan S.; Harris, Mark; Scutella, Rosanna

Hardcover

ISBN 10: 1843760630 ISBN 13: 9781843760634

Publisher: Edward Elgar Publishing Ltd, 2002

Synopsis

Microsimulation Modelling of Taxation and the Labour Market reports new research on behavioural microsimulation modelling of tax and transfer systems. Its aims are twofold. Firstly, the book discusses the rationale for the basic modelling approach adopted and provides information on econometric methods used to estimate behavioural relationships. Secondly, it describes the Melbourne Institute Tax and Transfer Simulator (MITTS) in detail, explaining its main features, installation and use.

After providing a broad review of tax modelling, the authors review alternative approaches to the analysis of labour supply behaviour, discuss the main components of behavioural microsimulation models and present econometric results concerning wage functions and preferences. They go on to provide a detailed description of MITTS, which was constructed by the authors in order to examine the implications of tax reforms in Australia.

Microsimulation Modelling of Taxation and the Labour Market will appeal to those with a special interest in the analysis of tax and transfer systems and labour supply behaviour.

About this title

About the Author

John Creedy, Wellington School of Business and Government, Victoria University of Wellington, New Zealand, Alan S. Duncan and Mark Harris, Curtin University and Rosanna Scutella, Research Fellow, MIESR, University of Melbourne, Australia

Edition details

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 2002
• Language: English
• ISBN 10: 1843760630
• ISBN 13: 9781843760634
• Binding: Hardcover
• Number of pages: 264