Tax-benefit models are powerful tools for the analysis of the impact of policy reform, in regular use around the world in government and research organisations. This study focuses on one particular model, POLIMOD, and performs three tasks. It provides an illustration of the type of analysis that can be performed, and demonstrates the sensitivity of results to some of the key assumptions that are made. It steps inside POLIMOD and documents some of the inner layers of data manipulation and model construction that drive its output. And it provides a detailed assessment of the reliability of those outputs based on a validation against external sources. The study offers those who use models like POLIMOD, or their outputs, an appreciation of the constraints and assumptions that shape the analysis they provide. And it provides those directly involved in the development of microsimulation models with a guide to methods.
- ISBN13 9780521632249
- Publish Date 1 October 1998
- Publish Status Active
- Out of Print 6 June 2022
- Publish Country GB
- Imprint Cambridge University Press
- Format Hardcover
- Pages 318
- Language English