Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/205525 
Erscheinungsjahr: 
2003
Schriftenreihe/Nr.: 
New Zealand Treasury Working Paper No. 03/20
Verlag: 
New Zealand Government, The Treasury, Wellington
Zusammenfassung: 
The assumption behind discrete hours labour supply modelling is that utility-maximising individuals choose from a relatively small number of hours levels, rather than being able to vary hours worked continuously. Such models are becoming widely used in view of their substantial advantages, compared with a continuous hours approach, when estimating and their role in tax policy microsimulation. This paper provides an introduction to the basic analytics of discrete hours labour supply modelling. Special attention is given to model specification, maximum likelihood estimation and microsimulation of tax reforms. The analysis is at each stage illustrated by the use of numerical examples.
Schlagwörter: 
Discrete hours labour supply
multinomial logit
maximum likelihood estimation
microsimulation
JEL: 
D10
C15
C25
C50
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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