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Microsimulation tools for the evaluation of fiscal policy reforms at the Banco de España
Olympia Bover,Jose Maria Casado,Esteban García-Miralles,Roberto Ramos,José M. Labeaga +4 more
- Iss: 7, pp 1-43
TLDR
In this paper, the authors present the use of microsimulation models developed at the Banco de Espana for the study of fiscal reforms, describing the tool used to evaluate changes in the Spanish personal income tax and also the one for the value added tax and excise duties.Abstract:
espanolEste documento presenta los modelos de microsimulacion desarrollados por el Banco de Espana para el estudio de reformas fiscales. Por un lado, describe la herramienta de microsimulacion que evalua cambios en el impuesto sobre la renta de las personas fisicas (IRPF). Por otro lado, explica la herramienta del impuesto sobre el valor anadido (IVA) y los impuestos especiales. Para cada una de estas dos herramientas, el documento detalla como se estructura, los datos usados y los resultados que genera. Tambien se muestran las capacidades de estas herramientas mediante ejemplos sencillos de reformas fiscales hipoteticas, presentadas exclusivamente para ilustrar el uso de estos simuladores. EnglishThis paper presents the microsimulation models developed at the Banco de Espana for the study of fiscal reforms, describing the tool used to evaluate changes in the Spanish personal income tax and also the one for the value added tax and excise duties. In both cases the structure, data and output of the model are detailed and its capabilities are illustrated using simple examples of hypothetical tax reforms, presented only to illustrate the use of these simulation tools.read more
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