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EUROMOD/HFCS-XB
06/24/2024
This model is the result of a project funded by the Chambre des Salariés du Luxembourg/CSL, the aim of which is to analyse the impact of various changes in social contributions and direct taxes on the distribution of net income (welfare) and total revenue for Luxembourg. The analysis aims to focus on the resident population as far as distributional and total effects are concerned, with an innovative extension to "cross-border commuters/cross-borders" (these play an important role in Luxembourg). In order to make the two sides of the coin, residents and cross-borders, comparable, we have built two EUROMOD-type models on HFCS data, the latter being also available for cross-borders (active households), which SILC data do not offer. The EUROMOD/HFCS-XB model deals with the cross-borders.
PhL S1_LISER
Care&WorkMOD
05/30/2024
Care&WorkMOD is a static microsimulation model developed to estimate the long-term economic costs of lost labour force participation of informal carers due to their caring responsibilities. The model estimates economic impacts such as lost Productivity Life Years (PLYs) due to informal caring, lost personal incomes, lost taxation revenue, increase in welfare payments, lost gross domestic product (GDP) and economic hardship. It uses static ageing methods to project socio-demographic and economic profiles of Australian informal carers aged 15-64 years every five years from 2015 to 2030.
Rupendra Shrestha
Deborah Schofield
Robert Tanton
Simon Kelly
Lennert Veerman
Megan Passey
SimPaths
05/30/2024
SimPaths is a family of models for individual and household life course events, all sharing common components. The framework is designed to project life histories through time, building up a detailed picture of career paths, family (inter)relations, health, and financial circumstances. The framework builds upon standardised assumptions and data sources, which facilitates adaptation to alternative countries – versions currently exist for the UK and Italy. Careful attention is paid to model validation, and sensitivity of projections to key assumptions. The modular nature of the SimPaths framework is designed to facilitate analysis of alternative assumptions concerning the tax and benefit system, sensitivity to parameter estimates and alternative approaches for projecting labour/leisure and consumption/savings decisions. Projections for a workhorse model parameterised to the UK context are reported in Bronka et al. (2023)., which closely reflect observed data throughout a 10-year validation window.
Patryk Bronka
Justin van de Ven
Matteo Richiardi
Daniel Kopasker
Vittal S Katikireddi