Modelling welfare state reform
Author(s)
Bibliographic Information
Modelling welfare state reform
(Contributions to economic analysis, 225)
North-Holland, 1994
Available at 67 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Bibliography: [273]-284
Includes index
Description and Table of Contents
Description
In order to analyze the economic effects of various policy proposals for reforming the welfare state a model has been developed called MIMIC. The structure of this model is presented in the first part of this book. The model combines various modern labour market theories with a detailed description of relevant labour market institutions in an applied general equilibrium context. The second part of the volume contains an elaborate presentation of the simulation results of MIMIC, such as various tax policies, a reduction in benefits or the official minimum wage, individualization of the tax and social security system and the introduction of negative income tax. The model has proved to be a unique instrument for policy evaluation for the Netherlands.
Table of Contents
Preface. 1. Purpose and Method. Introduction. Applied general equilibrium models. Methodological aspects of MIMIC. An overview of the model structure of MIMIC. Comparison of MIMIC with other applied general equilibrium models. Outline of the study. The Structure of MIMIC. 2. The model of the firm. Output market environment. Input market environment. Production structure of individual firm. Firm behaviour. Calibration of the model of the firm. Appendix 2.A. Cumulated production structure matrix, imports and indirect taxes. 3. The model of household behaviour. The household sector. Labour supply. Calibration of the household model. 4. Matchings, search strategy of unemployed and contractual wage formation. Search behaviour of unemployed persons. The matching process. Contractual wage formation. Calibration. 5. The public sector. Modelling of the public sector. The 1992 system of income taxes and social security premiums. 6. Links between model blocks. The model of the firm. The household model. The matching model. The wage model. The public sector model. Policy Simulations. 7. The base projection. Projected development of exogenous variables. Selected outcomes of base projection. 8. Income tax instruments. Simulations on single tax parameters. Replacing the basic allowance by a tax credit. The "Laffer" curve. 9. Reform of the income tax system. Income tax reform in OECD countries. The 1990 income tax reform in The Netherlands. Further income tax reform: the Stevens proposals. 10. Cutting back the welfare state. International comparison of social security systems. Minimum wages. Unemployment benefits. Disability benefits. Combined effects of reduction of labour market related social benefits and minimum wage. 11. Individualizing the income tax and social security system. Marriage relief and unemployment benefits in the OECD. Individualizing the tax system by cancelling the marriage relief. Individualizing government assistance. 12. Introduction of a negative income tax. Possible advantages and disadvantages of a negative income tax. Results of NIT experiments in the USA. The effects of a negative income tax in MIMIC. A negative income tax in a mini welfare state. 13. Evaluation. Policy simulations: relevance. Model structure: consistency and adequacy. References. Name index.
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