{"id":7152,"date":"2018-04-06T09:45:10","date_gmt":"2018-04-06T07:45:10","guid":{"rendered":"https:\/\/www.rrz.sk\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/"},"modified":"2022-03-04T13:08:56","modified_gmt":"2022-03-04T12:08:56","slug":"evaluating-the-aggregate-effects-of-tax-and-benefit-reforms","status":"publish","type":"post","link":"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/","title":{"rendered":"Evaluating the Aggregate Effects of Tax and Benefit Reforms"},"content":{"rendered":"<div id=\"pl-7152\"  class=\"panel-layout\" ><div id=\"pg-7152-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-7152-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-7152-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p>\tThe approach involving polynomial approximation to aggregated output from behavioural microsimulation permits the solution for the long-run steady state and the transition path in one numerical simulation of the dynamic aggregate economy. The practical usefulness of the approach is demonstrated by evaluating actual and hypothetical tax reforms in the context of Slovakia. <\/p>\n<p>Keywords: microsimulation, dynamic general equilibrium, unemployment, labour supply elasticity, tax reform<\/p>\n<p>JEL classification: E24, H24, H31, J22<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>The paper introduces a new way of linking microsimulation models with dynamic general equilibrium frameworks to obtain an evaluation of the impact of detailed tax and benefit measures on the aggregate economy.<\/p>\n","protected":false},"author":6,"featured_media":12414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"h5ap_radio_sources":[],"footnotes":""},"categories":[133,158,134],"tags":[84,69],"class_list":["post-7152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-microeconomics","category-publications","category-tax","tag-studies","tag-working-papers-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Evaluating the Aggregate Effects of Tax and Benefit Reforms - Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Evaluating the Aggregate Effects of Tax and Benefit Reforms - Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165\" \/>\n<meta property=\"og:description\" content=\"The paper introduces a new way of linking microsimulation models with dynamic general equilibrium frameworks to obtain an evaluation of the impact of detailed tax and benefit measures on the aggregate economy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/\" \/>\n<meta property=\"og:site_name\" content=\"Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-06T07:45:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T12:08:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2018\/04\/Depositphotos_55260095_DS.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1154\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u017dofia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u017dofia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/\",\"url\":\"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/\",\"name\":\"Evaluating the Aggregate Effects of Tax and Benefit Reforms - Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165\",\"isPartOf\":{\"@id\":\"https:\/\/www.rrz.sk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2018\/04\/Depositphotos_55260095_DS.jpg\",\"datePublished\":\"2018-04-06T07:45:10+00:00\",\"dateModified\":\"2022-03-04T12:08:56+00:00\",\"author\":{\"@id\":\"https:\/\/www.rrz.sk\/#\/schema\/person\/110076e5e6bb2bd49456f9780d112304\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/#primaryimage\",\"url\":\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2018\/04\/Depositphotos_55260095_DS.jpg\",\"contentUrl\":\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2018\/04\/Depositphotos_55260095_DS.jpg\",\"width\":2048,\"height\":1154,\"caption\":\"Slovakia High Resolution Unemployment Concept\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Domovsk\u00e1 str\u00e1nka\",\"item\":\"https:\/\/www.rrz.sk\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Evaluating the Aggregate Effects of Tax and Benefit Reforms\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rrz.sk\/#website\",\"url\":\"https:\/\/www.rrz.sk\/\",\"name\":\"Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165\",\"description\":\"Nez\u00e1visl\u00fd org\u00e1n monitorovania a hodnotenia v\u00fdvoja hospod\u00e1renia Slovenskej republiky\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rrz.sk\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rrz.sk\/#\/schema\/person\/110076e5e6bb2bd49456f9780d112304\",\"name\":\"\u017dofia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rrz.sk\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/92204a039000e687ecdf92a58f2978d0ff94fb9e7e5be808f35e875503368d46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/92204a039000e687ecdf92a58f2978d0ff94fb9e7e5be808f35e875503368d46?s=96&d=mm&r=g\",\"caption\":\"\u017dofia\"},\"url\":\"https:\/\/www.rrz.sk\/en\/author\/majdekova\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Evaluating the Aggregate Effects of Tax and Benefit Reforms - Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/","og_locale":"en_US","og_type":"article","og_title":"Evaluating the Aggregate Effects of Tax and Benefit Reforms - Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165","og_description":"The paper introduces a new way of linking microsimulation models with dynamic general equilibrium frameworks to obtain an evaluation of the impact of detailed tax and benefit measures on the aggregate economy.","og_url":"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/","og_site_name":"Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165","article_published_time":"2018-04-06T07:45:10+00:00","article_modified_time":"2022-03-04T12:08:56+00:00","og_image":[{"width":2048,"height":1154,"url":"https:\/\/www.rrz.sk\/wp-content\/uploads\/2018\/04\/Depositphotos_55260095_DS.jpg","type":"image\/jpeg"}],"author":"\u017dofia","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u017dofia","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/","url":"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/","name":"Evaluating the Aggregate Effects of Tax and Benefit Reforms - Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165","isPartOf":{"@id":"https:\/\/www.rrz.sk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/#primaryimage"},"image":{"@id":"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rrz.sk\/wp-content\/uploads\/2018\/04\/Depositphotos_55260095_DS.jpg","datePublished":"2018-04-06T07:45:10+00:00","dateModified":"2022-03-04T12:08:56+00:00","author":{"@id":"https:\/\/www.rrz.sk\/#\/schema\/person\/110076e5e6bb2bd49456f9780d112304"},"breadcrumb":{"@id":"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/#primaryimage","url":"https:\/\/www.rrz.sk\/wp-content\/uploads\/2018\/04\/Depositphotos_55260095_DS.jpg","contentUrl":"https:\/\/www.rrz.sk\/wp-content\/uploads\/2018\/04\/Depositphotos_55260095_DS.jpg","width":2048,"height":1154,"caption":"Slovakia High Resolution Unemployment Concept"},{"@type":"BreadcrumbList","@id":"https:\/\/www.rrz.sk\/en\/evaluating-the-aggregate-effects-of-tax-and-benefit-reforms\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Domovsk\u00e1 str\u00e1nka","item":"https:\/\/www.rrz.sk\/en\/"},{"@type":"ListItem","position":2,"name":"Evaluating the Aggregate Effects of Tax and Benefit Reforms"}]},{"@type":"WebSite","@id":"https:\/\/www.rrz.sk\/#website","url":"https:\/\/www.rrz.sk\/","name":"Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165","description":"Nez\u00e1visl\u00fd org\u00e1n monitorovania a hodnotenia v\u00fdvoja hospod\u00e1renia Slovenskej republiky","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rrz.sk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.rrz.sk\/#\/schema\/person\/110076e5e6bb2bd49456f9780d112304","name":"\u017dofia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rrz.sk\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/92204a039000e687ecdf92a58f2978d0ff94fb9e7e5be808f35e875503368d46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/92204a039000e687ecdf92a58f2978d0ff94fb9e7e5be808f35e875503368d46?s=96&d=mm&r=g","caption":"\u017dofia"},"url":"https:\/\/www.rrz.sk\/en\/author\/majdekova\/"}]}},"_links":{"self":[{"href":"https:\/\/www.rrz.sk\/en\/wp-json\/wp\/v2\/posts\/7152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rrz.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rrz.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rrz.sk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rrz.sk\/en\/wp-json\/wp\/v2\/comments?post=7152"}],"version-history":[{"count":8,"href":"https:\/\/www.rrz.sk\/en\/wp-json\/wp\/v2\/posts\/7152\/revisions"}],"predecessor-version":[{"id":12418,"href":"https:\/\/www.rrz.sk\/en\/wp-json\/wp\/v2\/posts\/7152\/revisions\/12418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rrz.sk\/en\/wp-json\/wp\/v2\/media\/12414"}],"wp:attachment":[{"href":"https:\/\/www.rrz.sk\/en\/wp-json\/wp\/v2\/media?parent=7152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rrz.sk\/en\/wp-json\/wp\/v2\/categories?post=7152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rrz.sk\/en\/wp-json\/wp\/v2\/tags?post=7152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}