Series: Occasional Papers. 1707.
Author: Olympia Bover, José María Casado, Esteban García-Miralles, José María Labeaga and Roberto Ramos.
Full document
Abstract
This paper presents the microsimulation models developed at the Banco de España 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.