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Computing Strategy for a European Tax-Benefit Model

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Author Info
Hancock, Ruth
Abstract

This paper discusses a range of possible computing strategies for a European tax- benefit model, covering generic types of software and some specific brands. Ensuring flexibility, adaptability and durability are particularly important for a European tax- benefit model which must accomodate varying data formats and a wide range of tax and benefit policy structures. The paper discusses ways in which the computing needs of tax-benefit models differ from more common statistical and database applications. Example tax algoritghms in three different languages are included to illustrate the way in which a relational rather than a `flat' data structure permits flexibility and avoids the need for pre-defined institutional constructs such as the benefit or tax unit. Some of the computing implications of incorporating behavioural responses to modelled policy change are also discussed. Costs, run-times and data storage requirements are also considered.

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Publisher Info
Paper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 9724.

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Date of creation: Jul 1997
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Handle: RePEc:cam:camdae:9724

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Web page: http://www.econ.cam.ac.uk/index.htm

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  1. Ahmed, Vaqar & O' Donoghue, Cathal, 2007. "CGE-Microsimulation Modelling: A Survey," MPRA Paper 9307, University Library of Munich, Germany. [Downloadable!]
  2. Herwig Immervoll & Cathal O'Donoghue, 2003. "Towards A Multi-Purpose Framework For Tax-Benefit Microsimulation," Computational Economics 0302002, EconWPA. [Downloadable!]
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This page was last updated on 2009-12-13.


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