Microsimulation Model of Personal Tax and Social Security Benefits in the Czech Republic
Microsimulation modelling is now established in many countries as a valuable tool for the evaluation of taxation and social policy. In the United Kingdom both government departments and independent research organisations—such as the Institute for Fiscal Studies in London, and the Microsimulation Unit at the Department of Applied Economics at Cambridge University—have developed microsimulation models of the UK tax and benefit system. As a result, these models now have a very wide use in public policy debate.
KeywordsUnemployment Benefit Benefit System Sickness Benefit Microsimulation Modelling Cash Benefit
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