Microsimulation and analysis of income distribution: An application to Italy - Couverture souple

Fiorio, Carlo V.

 
9783639192933: Microsimulation and analysis of income distribution: An application to Italy
Couverture souple
ISBN 10 : 3639192931 ISBN 13 : 9783639192933
Editeur : VDM Verlag, 2009

Synopsis

The first chapters of the book put special emphasis on tax-benefit microsimulation models, reviewing and discussing the state of the art in the economic literature of tax-benefit microsimulation models. Particular attention is paid to issues such as the reliability of tax-benefit estimation and the grossing-up of the sample used. In order to analyse tax-benefit microsimulation, a new model is developed focusing on the case of Italy, which, appropriately calibrated to population totals, is also used for an estimation of tax evasion. Non-parametric density estimation is used to improve the understanding of policy simulations and to analyse the effect of fiscal reforms. The book analyses also how microsimulation models can be useful in understanding the causes of inequality trends. Finally, the issue of inference with thick-tailed distributions, which are frequently found in empirical analysis of income distribution, is discussed. It is shown that inference based on the standard t-ratio statistic can induce a non negligible error in the rejection probability and some solutions are suggested.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The first chapters of the book put special emphasis on tax-benefit microsimulation models, reviewing and discussing the state of the art in the economic literature of tax-benefit microsimulation models. Particular attention is paid to issues such as the reliability of tax-benefit estimation and the grossing-up of the sample used. In order to analyse tax-benefit microsimulation, a new model is developed focusing on the case of Italy, which, appropriately calibrated to population totals, is also used for an estimation of tax evasion. Non-parametric density estimation is used to improve the understanding of policy simulations and to analyse the effect of fiscal reforms. The book analyses also how microsimulation models can be useful in understanding the causes of inequality trends. Finally, the issue of inference with thick-tailed distributions, which are frequently found in empirical analysis of income distribution, is discussed. It is shown that inference based on the standard t-ratio statistic can induce a non negligible error in the rejection probability and some solutions are suggested.

Biographie de l'auteur

Carlo V. Fiorio (PhD, LSE) is lecturer in Public Economics at the University of Milan since 2005. He is also Research Associate at Econpubblica, Research Center on the Public Sector of Bocconi University. His research interests include Public Economics, Applied Econometrics, Inequality Analysis, Labour Economics.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
VDM Verlag
Date d'édition
2009
Langue
anglais
ISBN 10 
3639192931
ISBN 13 
9783639192933
Reliure
Broché
Nombre de pages
176
Coordonnées du fabricant
non disponible
Personne responsable
non disponible