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Southmod
SOUTHMOD is a collection of tax-benefit models for countries in the Global South, maintained and managed by the United Nations University World Institute for Development Economics Research (UNU-WIDER) and partners. It belongs to the class of static microsimulation models and currently has 13 modules for seven countries in Africa (Ethiopia, Ghana, Mozambique, Rwanda, Mainland Tanzania and Zanzibar, Uganda, Zambia), four in Latin America (Bolivia, Colombia, Ecuador, Peru), and one in Southeast Asia (Vietnam). The models are freely available for non-commercial research use. SOUTHMOD draws inspiration from EUROMOD, a tax-benefit microsimulation model designed for European Union member states and managed by the Joint Research Centre of the European Commission. SOUTHMOD model bundle SOUTHMOD is a bundle of tax-benefit microsimulation models developed on the open-access EUROMOD software platform. Apart from the platform, each country module in SOUTHMOD is based on two key componen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax-benefit Model
A tax-benefit model is a form of microsimulation model. It is usually based on a representative or administrative data set and certain policy rules. These models are used to ''cost'' certain policy reforms and to determine the winners and losers of reform. One example is EUROMOD, which models taxes and benefits for 27 EU states, and its post-Brexit offshoot, UKMOD. Overview Tax-benefit models are used by policy makers and researchers to examine the effects of proposed or hypothetical policy changes on income inequality, poverty and government budget. Their primary advantage over conventional cross-country comparison method is that they are very powerful at evaluating policy changes not only ''ex post'', but also ''ex ante''. Generally, tax-benefit models can simulate income taxes, property taxes, social contributions, social assistance, income benefits and other benefits. The underlying micro-data are obtained mainly through household surveys. These data include information abo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Institute For Development Economics Research
The United Nations University World Institute for Development Economics Research (UNU-WIDER) is part of the United Nations University (UNU). UNU-WIDER, the first research and training centre to be established by the UNU, is an international academic organization set up with the aim of promoting peace and progress by bringing together leading scholars from around the world to tackle pressing global problems. UNU-WIDER The establishment of the UNU and UNU-WIDER In 1969 the UN Secretary-General U Thant suggested that the time had arrived when serious consideration might be given to establishing an international university. An international university, the Secretary-General said, would be devoted to the Charter objectives of peace and progress. It would be staffed with professors from many nations and all parts of the world. The university would thus serve to break down the barriers that created misunderstanding and mistrust between nations and cultures. The UNU was established by t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euromod
Euromod, officially stylised as EUROMOD, is a European Union-wide tax-benefit model originally maintained, developed and managed by the Institute for Social and Economic Research at the University of Essex. Since 2021 Euromod is maintained, developed and managed by the Joint Research Centre of the European Commission, in collaboration with Eurostat and national teams from the EU countries. It belongs to the class of static microsimulation Microsimulation is the use of computerized analytical tools to perform analysis of activities such as highway traffic flowing through an intersection, financial transactions, or pathogens spreading disease through a population on the granularity ... models and has modules for all 27 EU member states (and the UK until 2021). Summary of the model Euromod allows researchers and analysts to simulate, evaluate and compare the impact of tax-benefit policies in terms of households' disposable, as well as computing poverty, inequality and budgetary i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microsimulation
Microsimulation is the use of computerized analytical tools to perform analysis of activities such as highway traffic flowing through an intersection, financial transactions, or pathogens spreading disease through a population on the granularity level of individuals. Synonyms include microanalytic simulation and microscopic simulation. Microsimulation, with its emphasis on stochastic or rule-based structures, should not be confused with the similar complementary technique of multi-agent simulation, which focuses more on the behaviour of individuals. For example, a traffic microsimulation model could be used to evaluate the effectiveness of lengthening a turn lane at an intersection, and thus help decide whether it is worth spending money on actually lengthening the lane. Introduction Microsimulation can be distinguished from other types of computer modeling in looking at the interaction of individual ''units'' such as people or vehicles. Each unit is treated as an autonomous e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Disposable And Discretionary Income
Disposable income is total personal income minus current taxes on income. In national accounting, personal income minus personal current taxes equals disposable personal income or household disposable income. Subtracting personal outlays (which includes the major category of personal r privateconsumption expenditure) yields personal (or, private) savings, hence the income left after paying away all the taxes is referred to as disposable income. Restated, consumption expenditure plus savings equals disposable income after accounting for transfers such as payments to children in school or elderly parents' living and care arrangements. The marginal propensity to consume (MPC) is the fraction of a change in disposable income that is consumed. For example, if disposable income rises by $100, and $65 of that $100 is consumed, the MPC is 65%. Restated, the marginal propensity to save is 35%. For the purposes of calculating the amount of income subject to garnishments, United St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Developing Country
A developing country is a sovereign state with a less-developed industrial base and a lower Human Development Index (HDI) relative to developed countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. The terms low-and middle-income country (LMIC) and newly emerging economy (NEE) are often used interchangeably but they refer only to the economy of the countries. The World Bank classifies the world's economies into four groups, based on gross national income per capita: high-, upper-middle-, lower-middle-, and low-income countries. Least developed countries, landlocked developing countries, and small island developing states are all sub-groupings of developing countries. Countries on the other end of the spectrum are usually referred to as high-income countries or developed countries. There are controversies over the terms' use, as some feel that it perpetuates an outdated concept of "us" and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simulation
A simulation is an imitative representation of a process or system that could exist in the real world. In this broad sense, simulation can often be used interchangeably with model. Sometimes a clear distinction between the two terms is made, in which simulations require the use of models; the model represents the key characteristics or behaviors of the selected system or process, whereas the simulation represents the evolution of the model over time. Another way to distinguish between the terms is to define simulation as experimentation with the help of a model. This definition includes time-independent simulations. Often, computer simulation, computers are used to execute the simulation. Simulation is used in many contexts, such as simulation of technology for performance tuning or optimizing, safety engineering, testing, training, education, and video games. Simulation is also used with scientific modelling of natural systems or human systems to gain insight into their functio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Survey (human Research)
In Human subject research, research of human subjects, a survey is a list of questions aimed for extracting specific data from a particular group of people. Surveys may be conducted by phone, mail, via the internet, and also in person in public spaces. Surveys are used to gather or gain knowledge in fields such as social research and demography. Survey research is often used to assess thoughts, opinions and feelings. Surveys can be specific and limited, or they can have more global, widespread goals. Psychologists and sociologists often use surveys to analyze behavior, while it is also used to meet the more pragmatic needs of the media, such as, in evaluating political candidates, public health officials, professional organizations, and advertising and marketing directors. Survey research has also been employed in various medical and surgical fields to gather information about healthcare personnel’s practice patterns and professional attitudes toward various clinical problems an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southeast Asia
Southeast Asia is the geographical United Nations geoscheme for Asia#South-eastern Asia, southeastern region of Asia, consisting of the regions that are situated south of China, east of the Indian subcontinent, and northwest of the Mainland Australia, Australian mainland, which is part of Oceania. Southeast Asia is bordered to the north by East Asia, to the west by South Asia and the Bay of Bengal, to the east by Oceania and the Pacific Ocean, and to the south by Australia (continent), Australia and the Indian Ocean. Apart from the British Indian Ocean Territory and two out of Atolls of the Maldives, 26 atolls of the Maldives in South Asia, Maritime Southeast Asia is the only other subregion of Asia that lies partly within the Southern Hemisphere. Mainland Southeast Asia is entirely in the Northern Hemisphere. Timor-Leste and the southern portion of Indonesia are the parts of Southeast Asia that lie south of the equator. The region lies near the intersection of Plate tectonics, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microdata (statistics)
In the study of survey and census data, microdata is information at the level of individual respondents. For instance, a national census might collect age, home address, educational level, employment status, and many other variables, recorded separately for every person who responds; this is microdata. Advantages Survey/census results are most commonly published as aggregates (e.g. a regional-level employment rate), both for privacy reasons and because of the large quantities of data involved; microdata for one census can easily contain millions of records, each with several dozen data items. However, summarizing results to an aggregate level results in information loss. For instance, if statistics for education and employment are aggregated separately, they cannot be used to explore a relationship between these two variables. Access to microdata allows researchers much more freedom to investigate such interactions and perform detailed analysis. Microdata from censuses is esp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission
The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informally known as "commissioners") corresponding to two thirds of the number of Member state of the European Union, member states, unless the European Council, acting unanimously, decides to alter this number. The current number of commissioners is 27, including the president. It includes an administrative body of about 32,000 European civil servants. The commission is divided into departments known as Directorate-General, Directorates-General (DGs) that can be likened to departments or Ministry (government department), ministries each headed by a director-general who is responsible to a commissioner. Currently, there is one member per European Union member state, member state, but members are bound by their oath of office to represent the genera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
