Documentation IZAΨMOD v3.0: The IZA Policy Simulation Model

Arbeitspapier

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-benefit reform on the budget of the individual household. This includes taxes on income and consumption, social security contributions, public transfers. 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.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 8553

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Computable and Other Applied General Equilibrium Models ; Taxation, Subsidies, and Revenue: General ; Time Allocation and Labor Supply ; Labor Demand
• Thema: microsimulation ; tax and benefit systems ; labor supply ; labor demand ; Germany

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Loeffler, Max ; Peichl, Andreas ; Pestel, Nico ; Siegloch, Sebastian ; Sommer, Eric
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2014

Weitere Informationen

• Handle: http://hdl.handle.net/10419/104644
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ