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A Structural Dynamic Micro-Simulation Model for Policy Analysis: Application to Pension Reform, Income Tax Changes and Rising Life Expectancy

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  • Dr Justin van de Ven
  • Dr Martin Weale

Abstract

This paper describes the National Institute's Benefit and Tax Model, NIBAX and provides results of studies using it to explore i) the introduction of low-cost pensions similar to Personal Accounts, ii) the effects of the abolition of the 10p income tax rate and iii) the consequences of rising life expectancy.

Suggested Citation

  • Dr Justin van de Ven & Dr Martin Weale, 2009. "A Structural Dynamic Micro-Simulation Model for Policy Analysis: Application to Pension Reform, Income Tax Changes and Rising Life Expectancy," National Institute of Economic and Social Research (NIESR) Discussion Papers 336, National Institute of Economic and Social Research.
    • Handle: RePEc:nsr:niesrd:336
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    File URL: https://www.niesr.ac.uk/wp-content/uploads/2021/10/dp336-2.pdf
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    Cited by:

    1. Dr Justin van de Ven & Dr Martin Weale, 2009. "Consumption, employment uncertainty, and capital losses," National Institute of Economic and Social Research (NIESR) Discussion Papers 346, National Institute of Economic and Social Research.

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