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Combining microsimulation and optimization to identify optimal flexible tax-transfer rules

Ugo Colombino (University of Turin, LISER and IZA), Nizamul Islam (LISER) ; IZA Institute of Labor Economics

We use a behavioural microsimulation model embedded in a numerical optimization procedure in order to identify optimal (social welfare maximizing) tax-transfer rules. We consider the class of tax-transfer rules consisting of a universal basic income and a tax defined by a 4th degree polynomial. The...

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Bibliographic details
Volume: no. 13309
Main Author: Colombino, Ugo
Islam, Nizamul
Format: eBook
Language: English
Related: Forschungsinstitut zur Zukunft der Arbeit ¬[Herausgebendes Organ]
Ort : Verlag : ErscheinungsdatumBonn, Germany : IZA Institute of Labor Economics : May 2020
Erscheinungsort: (Ort)Bonn
Extent: 1 Online-Ressource (37 Seiten) : Diagramme
Umfang: (Dateityp; Kodierungsformat)Textdatei; PDF
Series: Discussion paper series / IZA Institute of Labor Economics ; no. 13309
Links: Fulltext
HBZ-ID: HT020466717 » further libraries in North Rhine-Westphalia
Database: ULB Bonn