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Microeconomic Simulation Models for Public Policy Analysis, Volume 2: Sectoral, Regional, and General Equilibrium Models is a collection of papers presented at a conference of the same title held in Washington, D.C. in March 1978. This volume deals with economic equilibrium models. This collection also discusses micro data models of the macroeconomy that include policy explorations concerning the transaction model of the American economy. One paper reviews the experiments with fiscal policy parameters from a micro to a macro model related to the Swedish economy: this model analyzes inflation at the micro market level, as well as the interactions between profits, investments, inflation, and growth. Another paper analyzes alternative plans for corporate and income tax integration in the United States: the model used shows that integration of personal and corporate income taxes can yield revenues of $6 billion. As regards rehabilitating central city housing issues, one author present a simulation model which shows that rehabilitation of the existing housing inventory can only produce small net gains over time. To have larger gains, the model shows that net increase in demand for housing should also follow. This book can prove useful for economists, sociologists and officials involved in community development and in the public sector.
Language
Place of publication
Publishing group
Elsevier Science & Techn.
ISBN-13
978-1-4832-6415-8 (9781483264158)
Schweitzer Classification
List of FiguresList of TablesList of ContributorsPrefaceContents of Volume 1Microdata Models of the Macroeconomy 1 Policy Explorations with the Transactions Model of the U.S. Economy A Short Description of the Transactions Model Fitting the Model to Data for 1973-1975 Simulations of the Effects of Policy Changes Future Directions for Research with the Transactions Model Discussion Discussion 2 Experiments with Fiscal Policy Parameters on a Micro to Macro Model of the Swedish Economy Introduction The Model Taxes, Business-Cycle Policy, and Industrial Structure: Applications of the Swedish Micro to Macro Model Conclusions and Plans for the Future Discussion Discussion 3 Corporate and Personal Tax Integration in the United States: Some Preliminary Findings Introduction Objectives of Tax Integration and the General Equilibrium Approach A General Equilibrium Model of the U.S. Economy and Tax System Representing the Tax Integration Plans in Model Equivalent Form Results Conclusion Discussion DiscussionMicrodata Models with Regional and/or Sectoral Impacts 4 A Microeconomic Simulation Model for Analyzing the Regional and Distributional Effects of Tax-Transfer Policy: An Analysis of the Program for Better Jobs and Income Introduction The Structure of the Simulation Model The Program for Better Jobs and Income-The Basis for Analysis Some Policy Implications Caveats and Future Directions of Research Appendices Discussion Discussion 5 Rehabilitating Central-City Housing: Simulations with The Urban Institute Housing Model Introduction The Model Data Bases Underlying the Model Simulating Rehabilitation Programs Summary, Conclusions, and Implications Discussion Discussion 6 IDIOM: A Disaggregated Policy-Impact Model of the U.S. Economy Introduction Implementing the Model Directions of Substantive Model Development An Application to Military Export Policy and Compensatory Alternatives Appendix: A Mathematical Description of IDIOM Discussion DiscussionAn Appraisal of Microdata Simulation Models 7 Microdata Simulation: Current Status, Problems, ProspectsReferencesIndex