A structural dynamic micro-simulation model for policy analysis: application to pension reform, income tax changes and rising life expectancy

Publication type

Research Paper

Series Number

3336

Series

National Institute of Economic and Social Research Discussion Papers: New Series

Authors

Publication date

June 1, 2009

Abstract:

This paper describes the National Institute’s Benefit and Tax Model, NIBAX and provides results of studies using it to explore i) the introduction of low-cost pensions similar to Personal Accounts, ii) the effects of the abolition of the 10p income tax rate and iii) the consequences of rising life expectancy.