A Customizable Microsimulation Tool to Analyze Distributional Effects of Country Fiscal Policies
Microsimulation modelling has become a powerful tool to analyze the effects of fiscal policy changes. The World Bank’s Equity Policy Lab (EPL) has developed a customizable microsimulation tool to assess the distributional effects of tax, benefits,...
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| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/502201612977843211/A-Customizable-Microsimulation-Tool-to-Analyze-Distributional-Effects-of-Country-Fiscal-Policies http://hdl.handle.net/10986/35189 |
| Summary: | Microsimulation modelling has become a
powerful tool to analyze the effects of fiscal policy
changes. The World Bank’s Equity Policy Lab (EPL) has
developed a customizable microsimulation tool to assess the
distributional effects of tax, benefits, and other fiscal
reforms. This Note explains why and how countries use the
microsimulation tools, using examples from Ecuador and
Armenia—2 of the more than 20 countries that have developed
and used the tool over the past 2 years—to demonstrate its
effectiveness in engaging government officials and informing
policy making. |
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