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The purpose of this paper is to present an exercise where we identify optimal income tax rules according to various social welfare criteria, keeping fixed the total net tax revenue. Empirical applications of optimal taxation theory have typically adopted analytical expressions for the optimal...
Persistent link: https://www.econbiz.de/10008680620
We present JAS 2, a new Java platform which aims at providing a unique simulation tool for discrete-event simulations, including agent-based and dynamic microsimulation models. JAS 2 is not released as a self-contained stand-alone application for model development. With the aim to develop...
Persistent link: https://www.econbiz.de/10010862070
Forecasting based on random intercepts models requires imputation of the individual permanent effects to the simulated individuals. When these individuals enter the simulation with a history of past outcomes this involves sampling from conditional distributions, which might be unfeasible. I...
Persistent link: https://www.econbiz.de/10010576065
Most Oecd Countries are experiencing a rapid population ageing. Italy adds to this picture a very low labour market participation of the elders, so that most projections of the impact of ageing on the labour market are rather pessimistic. However, there are other long run modifications currently...
Persistent link: https://www.econbiz.de/10005094026