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Model parametrisation
The estimates for the utility functions used in the labour supply model are separately described in Richiardi, M. and He, Z. (2021), “No one left behind: The labour supply behaviour of the entire Italian population”, Centre for Microsimulation and Policy Analysis, mimeo.
The estimates for the psychological distress models are separately described in Kopasker, D., et al. "Evaluating the influence of taxation and social security policies on psychological distress: a microsimulation study of the UK during the COVID-19 economic crisis." Social Science & Medicine (2024): 116953.
The model has been parametrised for the UK using data described in the data section.
The most recent parametrisation of the model is stored on Github.
Description of the tax and benefit system is provided through UKMOD output files stored in the EUROMODoutput folder. Version developed on the basis of test data, which can be shared on GitHub, is available in the training subfolder.
To learn more about UKMOD, visit UKMOD's website.
Model parameters stored on Github
Files listed below contain alignment targets.
- align_educLevel.xlsx
- align_employment.xlsx
- align_popProjections.xlsx
- align_student_under30.xlsx
Files listed below contain demographic projections.
- projections_fertility.xlsx
- projections_mortality.xlsx
Files listed below contain regression estimates for specific processes described in the model structure section.
- reg_RMSE.xlsx
- reg_childcarecost.xlsx
- reg_education.xlsx
- reg_employmentSelection.xlsx
- reg_fertility.xlsx
- reg_health.xlsx
- reg_health_mental.xlsx
- reg_home_ownership.xlsx
- reg_income.xlsx
- reg_labourCovid19.xlsx
- reg_labourSupplyUtility.xlsx
- reg_leaveParentalHome.xlsx
- reg_partnership.xlsx
- reg_retirement.xlsx
- reg_socialcare.xlsx
- reg_unemployment.xlsx
- reg_wages.xlsx
Files listed below contain parameters reflecting specific modelling assumptions.
- scenario_CPI.xlsx
- scenario_employments_furloughed.xlsx
- scenario_parametricMatching.xlsx
- scenario_retirementAgeFixed.xlsx