Labour Supply Modelling Using the EUROMOD Microsimulation Model
Labour Supply Modelling Using the EUROMOD Microsimulation Model
Period:
08.06.2016 – 08.06.2017
We provide a microsimulation modelling tool to estimate household responses to changes in the tax and transfer system. While our study focuses on the effects on the supply side, we also provide an extension to our labor supply framework to encompass the whole labor market by including the reaction of labor demand. We adopt a micro-based approach that allows us to study revenue and redistributive effects of tax reforms before and after taking into account labor supply reactions, both within countries and across the EU.
