Publication type
Journal Article
Authors
Publication date
June 1, 2021
Summary:
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.
Published in
International Journal of Microsimulation
Volume and page numbers
Volume: 14 , p.92 -101
DOI
https://doi.org/10.34196/IJM.00231
ISSN
17475864
Subjects
Notes
Open Access
This article is distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use and redistribution provided that the original author and source are credited.
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