Documentation IZAΨMOD: The IZA Policy SImulation MODel


Peichl, Andreas ; Schneider, Hilmar ; Siegloch, Sebastian



URL: http://anon-ftp.iza.org/dp4865.pdf
Additional URL: https://www.researchgate.net/publication/45315083_...
Document Type: Working paper
Year of publication: 2010
The title of a journal, publication series: IZA Discussion Papers
Volume: 4865
Place of publication: Bonn
Publishing house: Forschungsinstitut zur Zukunft der Arbeit (IZA)
Publication language: English
Institution: School of Law and Economics > VWL, Quantitative Finanzwissenschaft (Peichl 2013-2017)
School of Law and Economics > VWL, Soziale Sicherung (Siegloch 2018-)
Subject: 330 Economics
Classification: JEL: D58 , H20 , J22 , J23,
Keywords (English): IZAΨMOD , microsimulation , tax and benefit systems , labor demand
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.

Dieser Datensatz wurde nicht während einer Tätigkeit an der Universität Mannheim veröffentlicht, dies ist eine Externe Publikation.




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Peichl, Andreas ; Schneider, Hilmar ; Siegloch, Sebastian (2010) Documentation IZAΨMOD: The IZA Policy SImulation MODel. IZA Discussion Papers Bonn 4865 [Working paper]


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