Microsimulation Modelling of Taxation and the Labour Market. The Melbourne Institute Tax and Transfer Simulator - John Creedy;Alan S. Duncan;Mark Harris;Rosanna Scutella

After providing a broad review of tax modelling, the authors review alternative approaches to the analysis of labour supply behaviour, discuss the main components of behavioural microsimulation models and present econometric results concerning wage functions and preferences. They go on to provide a detailed description of MITTS, which was constructed by the authors in order to examine the implications of tax reforms in Australia.

Microsimulation Modelling of Taxation and the Labour Market will appeal to those with a special interest in the analysis of tax and transfer systems and labour supply behaviour.