文章基本信息

标题：Aggregating labour supply and feedback effects in microsimulation
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作者：John Creedy ; Alan Duncan
期刊名称：IFS Working Papers / Institute for Fiscal Studies London
电子版ISSN：1742-0415
出版年度：2001
卷号：2001
期号：1
DOI：doi: 10.1920/wp.ifs.2001.0124
出版社：Institute for Fiscal Studies London
摘要：This paper extends behavioural microsimulation modelling so that third round effects of a policy change can be simulated. The first round effects relate to fixed hours of work, while second round effects allow for changes in desired hours of work at unchanged wages. These allow for endogenous changes to the distribution of wage rates resulting from the labour supply responses to tax changes. This is achieved using the concept of an aggregate ѳupply response scheduleҬ which identifies the extent to which average labour supply responds to a proportional change in wage rates. The third round effect is obtained after re-running a microsimulation model with a suitable modification to individuals' wage rates. The method is illustrated using the MITTS behavioural microsimulation model.