Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/36936
Authors: 
Peichl, Andreas
Schneider, Hilmar
Siegloch, Sebastian
Year of Publication: 
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

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