Microsimulations in Labour Markets

June 6 2024

Ugo Colombino & Nizamul Islam, 

Lost Jobs and Optimal Tax-Transfer Reforms.

The paper is an exercise in empirical optimal taxation: looking for tax-transfer reforms in view of new labour marked scenarios possibly induced by technological innovations (fewer jobs, polarization etc.). The paper adopts  a microeconometric model of household behaviour (so-called RURO model) that can account for different labour demand scenarios and for equilibrium constraints. The optimal taxation exercise uses a combination of microsimulation and numerical optimization. 

14.30 – 15.45: Motivation, assumptions, methods

16.15 – 17.30: Results

June 7

More details on the methods used in the paper. Approaches to empirical optimal taxation and some recent literature.

9.30 – 10.45: The RURO (= Random Utility Random Opportunities) model and the representation of alternative labour demand scenarios.

11.15 – 12.30: Microsimulation with equilibrium constraints

14.30 – 15.45: Alternative approaches to empirical optimal taxation

16.15 – 17.30: Survey of some recent related papers

Last update 17 April 2024