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UKMOD – A new tax-benefit model for the four nations of the UK

Richiardi, Matteo and Collado, Diego and Popova, Daria (2021) 'UKMOD – A new tax-benefit model for the four nations of the UK.' International Journal of Microsimulation, 14 (1). pp. 92-101. ISSN 1747-5864

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Abstract

In this paper we introduce UKMOD, a new tax-benefit model for England, Wales, Scotland, Northern Ireland and the whole of the UK. The model originates and replaces as a stand-alone model the UK component of EUROMOD, the tax-benefit model for the European Union member states, which from 2021 is not updated anymore. We describe the main departures from EUROMOD, discuss some key assumptions including data issues, and provide information on the nowcasting and macro-validation procedure applied.

Item Type: Article
Divisions: Faculty of Social Sciences
Faculty of Social Sciences > Institute for Social and Economic Research
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 14 Feb 2022 12:03
Last Modified: 14 Feb 2022 12:04
URI: http://repository.essex.ac.uk/id/eprint/32301

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