Description

We develop a rich dynamic microsimulation model of individual and household life course events, including (i) educational choices, (ii) household formation and dissolution, (iii) fertility, (iv) labour supply at the extensive and the intensive margin, (v) labour demand, (vi) individual wage determination, (vi) after tax and transfers disposable household income determination, with an application to the UK. In this talk I will present the model architecture,the software platform, and preliminary estimates for each of the modules.

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