Modelling Behavioural Response in EUROMOD
The EUROMOD Preparatory Project examined a number of aspects of the technical feasibility of constructing a Europe-wide tax-benefit model. This paper reports on the issues relating to incorporating behavioural response into the model. It explores the problems and prospects of modelling changes in behaviour within the static microsimulation approach, using cross-sectional data. In the case of labour supply it concludes that not only are there problems related to the timing of responses using the static approach, but also a lack of comparable studies (or data) across all 15 countries. A dynamic approach using panel data has more potential and should be explored for a small group of countries. In the case of consumer demand, behavioural adjustment can be assumed to be quick and there is some potential for including demand responses in EUROMOD
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
When requesting a correction, please mention this item's handle: RePEc:cam:camdae:9720. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jake Dyer)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.