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http://hdl.handle.net/10419/36936
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| Title: | | Documentation IZAΨMOD: The IZA policy sImulation mODel  |
| Authors: | | Peichl, Andreas Schneider, Hilmar Siegloch, Sebastian |
| Issue Date: | | 2010 |
| Series/Report no.: | | Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 4865 |
| Abstract: | | This paper describes IZAΨMOD, the policy microsimulation model of the Institute for the Study of Labor (IZA). The model uses household microdata from the German Socio-Economic Panel Study and firm data from the German linked employer-employee dataset LIAB. IZAΨMOD consists of three components: First, a static module simulates the effects of a tax reform on the budget of the individual households. Secondly, behavioral labor supply responses are estimated. The third component distinguishes our model from most other microsimulation tools. A demand module takes into account possible restrictions of labor demand and identifies the partial equilibrium of the labor market after the supply reactions. |
| Subjects: | | IZAΨMOD microsimulation tax and benefit systems labor demand |
| JEL: | | D58 H20 J22 J23 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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