The Journal of Economic Inequality

, Volume 4, Issue 1, pp 77–106 | Cite as

Microsimulation as a tool for evaluating redistribution policies

Article

Abstract

During the last 20 years, microsimulation models have been increasingly applied in qualitative and quantitative analysis of public policies. This paper discusses microsimulation techniques and their theoretical background as a tool for the analysis of public policies. It next analyses basic principles for using microsimulation models and interpreting their results, with emphasis on tax incidence, redistribution and poverty analysis. It then discusses social welfare analysis permitted by microsimulation techniques and points to the limits of present approaches and some directions for future developments.

Key words

evaluation of public policies inequality microsimulation poverty redistribution 

JEL Classification Codes

C81 D31 H21 H23 H31 

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Copyright information

© Springer Science+Business Media, Inc. 2006

Authors and Affiliations

  1. 1.The World Bank and PSE -Paris-Jourdan Sciences Economiques- (Joint research unit 8545 CNRS -EHESS-ENPC-ENS)ParisFrance
  2. 2.PSE -Paris-Jourdan Sciences Economiques- (Joint research unit 8545 CNRS -EHESS-ENPC-ENS)ParisFrance
  3. 3.Department of Applied EconomicsUniversitat de les Illes BalearsPalma de MallorcaSpain

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