Tax and Transfer Policy Using Behavioural Microsimulation Modelling

Tax and Transfer Policy Using Behavioural Microsimulation Modelling
Author: Creedy, John
Publisher: Edward Elgar Publishing
Total Pages: 256
Release: 2022-05-24
Genre: Business & Economics
ISBN: 1802209867

The international cast of authors in this important book explore how internationalizing small and medium sized enterprises (iSMEs) face major crises, such as COVID-19, and have managed them to reach a stable and desired state post-crisis. Chapter orientations vary from theoretical to empirical. Each focuses on issues related to a major crisis, and present already-deployed success strategies in 14 different country environments. The rich diversity of chapters offers a highly significant and timely contribution to the field.

Tax and Transfer Policy Using Behavioural Microsimulation Modelling

Tax and Transfer Policy Using Behavioural Microsimulation Modelling
Author: John Creedy
Publisher: Edward Elgar Publishing
Total Pages: 272
Release: 2022-05-28
Genre:
ISBN: 9781802209853

Combining theoretical and practical aspects of policy analysis, this book evaluates actual and proposed policy reforms to income tax and transfer systems, using a behavioural tax microsimulation model. It highlights how these models allow for the full details of tax systems and the considerable population heterogeneity that is found in practice. John Creedy and Penny Mok look at how such models can be used to obtain summary measures that are relevant in tax debates. These include elasticities of labour supply and measures of the welfare effects of tax changes, in terms of excess burdens. Chapters further examine how models can be used to search systematically, across a range of policy changes, for revenue-neutral reforms which result in an improvement, in terms of an explicit evaluation function. This will be a timely read for students of public finance, welfare and labour economics. The careful attention paid to metrics used in policy evaluations will also make this a useful book for researchers and policy advisors concerned with income taxation, social transfers, inequality and poverty measurement.

Microsimulation Modelling of Taxation and the Labour Market

Microsimulation Modelling of Taxation and the Labour Market
Author: John Creedy
Publisher: Edward Elgar Publishing
Total Pages: 272
Release: 2002-01-01
Genre: Business & Economics
ISBN: 9781782541950

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 for Policy Analysis

Microsimulation Modelling for Policy Analysis
Author: Lavinia Mitton
Publisher: Cambridge University Press
Total Pages: 360
Release: 2000-09-21
Genre: Business & Economics
ISBN: 9780521790062

Applications and methods of state of the art microsimulation modelling.

A Roadmap to Reducing Child Poverty

A Roadmap to Reducing Child Poverty
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
Total Pages: 619
Release: 2019-09-16
Genre: Social Science
ISBN: 0309483980

The strengths and abilities children develop from infancy through adolescence are crucial for their physical, emotional, and cognitive growth, which in turn help them to achieve success in school and to become responsible, economically self-sufficient, and healthy adults. Capable, responsible, and healthy adults are clearly the foundation of a well-functioning and prosperous society, yet America's future is not as secure as it could be because millions of American children live in families with incomes below the poverty line. A wealth of evidence suggests that a lack of adequate economic resources for families with children compromises these children's ability to grow and achieve adult success, hurting them and the broader society. A Roadmap to Reducing Child Poverty reviews the research on linkages between child poverty and child well-being, and analyzes the poverty-reducing effects of major assistance programs directed at children and families. This report also provides policy and program recommendations for reducing the number of children living in poverty in the United States by half within 10 years.

Agent-based Modeling of Tax Evasion

Agent-based Modeling of Tax Evasion
Author: Sascha Hokamp
Publisher: John Wiley & Sons
Total Pages: 388
Release: 2018-03-19
Genre: Mathematics
ISBN: 1119155681

The only single-source guide to understanding, using, adapting, and designing state-of-the-art agent-based modelling of tax evasion A computational method for simulating the behavior of individuals or groups and their effects on an entire system, agent-based modeling has proven itself to be a powerful new tool for detecting tax fraud. While interdisciplinary groups and individuals working in the tax domain have published numerous articles in diverse peer-reviewed journals and have presented their findings at international conferences, until Agent-based Modelling of Tax Evasion there was no authoritative, single-source guide to state-of-the-art agent-based tax evasion modeling techniques and technologies. Featuring contributions from distinguished experts in the field from around the globe, Agent-Based Modelling of Tax Evasion provides in-depth coverage of an array of field tested agent-based tax evasion models. Models are presented in a unified format so as to enable readers to systematically work their way through the various modeling alternatives available to them. Three main components of each agent-based model are explored in accordance with the Overview, Design Concepts, and Details (ODD) protocol, each section of which contains several sub elements that help to illustrate the model clearly and that assist readers in replicating the modeling results described. Presents models in a unified and structured manner to provide a point of reference for readers interested in agent-based modelling of tax evasion Explores the theoretical aspects and diversity of agent-based modeling through the example of tax evasion Provides an overview of the characteristics of more than thirty agent-based tax evasion frameworks Functions as a solid foundation for lectures and seminars on agent-based modelling of tax evasion The only comprehensive treatment of agent-based tax evasion models and their applications, this book is an indispensable working resource for practitioners and tax evasion modelers both in the agent-based computational domain and using other methodologies. It is also an excellent pedagogical resource for teaching tax evasion modeling and/or agent-based modeling generally.

Tax Policy Design and Behavioural Microsimulation Modelling

Tax Policy Design and Behavioural Microsimulation Modelling
Author: Hielke Buddelmeyer
Publisher: Edward Elgar Publishing
Total Pages: 296
Release: 2007-01-01
Genre: Business & Economics
ISBN: 9781782542773

Tax policy questions may relate to specific problems, concerning perhaps the revenue implications of a particular tax or they may involve an extensive analysis of the cost andredistributive effects of many taxes and transfer payments. This book is concerned with the ways in which tax policy design can be enhanced by the use of a behavioural taxmicrosimulation model capable of evaluating the effects of planned or actual tax reforms. An advantage of such a large-scale tax simulation model, which reflects the heterogeneity of the population and captures the details of the tax structure, is that it can examine detailed practical policy questions and can provide direct inputs into policy debates. After introducing behavioural models, the authors discuss the role of means testing, several hypothetical policy reforms, actual and proposed reforms and recent modellingdevelopments. Tax Policy Design and Behavioural Microsimulation Modelling will be of interest to academics and researchers of economics, econometrics and public finance. It will also be useful reading for policymakers responsible for the formulation of taxation.

Practical Microsimulation Modelling

Practical Microsimulation Modelling
Author: Cathal O'Donoghue
Publisher: Oxford University Press
Total Pages: 319
Release: 2021
Genre: Business & Economics
ISBN: 0198852878

'Practical Microsimulation Modelling' brings together a description and examples of the main methods used in microsimulation modelling used in the field of income distribution analysis. It is structured to develop and use the different types of models used in the field, with a focus on household targeted policy.

Fiscal Redistribution and Social Welfare

Fiscal Redistribution and Social Welfare
Author: Mr.David Coady
Publisher: International Monetary Fund
Total Pages: 30
Release: 2019-03-08
Genre: Business & Economics
ISBN: 1484398084

Fiscal policy is a key tool for achieving distributional objectives in advanced economies. This paper embeds the discussion of fiscal redistribution within the standard social welfare framework, which lends itself to a transparent and practical evaluation of the extent and determinants of fiscal redistribution. Differences in fiscal redistribution are decomposed into differences in the magnitude of transfers (fiscal effort) and in the progressivity of transfers (fiscal progressivity). Fiscal progressivity is further decomposed into differences in the distribution of transfers across income groups (targeting performance) and in the social welfare returns to targeting due to varying initial levels of income inequality (targeting returns). This decomposition provides a clear distinction between the concepts of progressivity and targeting, and clarifies the relationship between them. For illustrative purposes, the framework is applied to data for 28 EU countries to determine the factors explaining differences in their fiscal redistribution and to discuss patterns in fiscal redistribution highlighted in the literature.

Evidence-Based Policy Making in the Social Sciences

Evidence-Based Policy Making in the Social Sciences
Author: Stoker, Gerry
Publisher: Policy Press
Total Pages: 328
Release: 2016-09-29
Genre: Political Science
ISBN: 1447329368

This book gathers an expert group of social scientists to showcase emerging forms of analysis and evaluation for public policy analysis. Each chapter highlights a different method or approach, putting it in context and highlighting its key features before illustrating its application and potential value to policy makers. Aimed at upper-level undergraduates in public policy and social work, it also has much to offer policy makers and practitioners themselves.