prikaz prve stranice dokumenta Missing top incomes and tax-benefit microsimulation: evidence from correcting household survey data using tax records data
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Missing top incomes and tax-benefit microsimulation: evidence from correcting household survey data using tax records data
Radni materijali EIZ-a, (2022), 1; 3-52. urn:nbn:hr:213:426386
Ledić, Marko; Rubil, Ivica; Urban, Ivica

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Ledić, M., Rubil, I. & Urban, I. (2022). Missing top incomes and tax-benefit microsimulation: evidence from correcting household survey data using tax records data. Radni materijali EIZ-a, (1), 3-52. Retrieved from https://urn.nsk.hr/urn:nbn:hr:213:426386

Ledić, Marko, et al. "Missing top incomes and tax-benefit microsimulation: evidence from correcting household survey data using tax records data." Radni materijali EIZ-a, no. 1, 2022, pp. 3-52. https://urn.nsk.hr/urn:nbn:hr:213:426386

Ledić, Marko, Ivica Rubil and Ivica Urban. "Missing top incomes and tax-benefit microsimulation: evidence from correcting household survey data using tax records data." Radni materijali EIZ-a no. 1 (2022): 3-52. https://urn.nsk.hr/urn:nbn:hr:213:426386

Ledić, M., Rubil, I. and Urban, I. (2022) 'Missing top incomes and tax-benefit microsimulation: evidence from correcting household survey data using tax records data', Radni materijali EIZ-a, (1), pp. 3-52. Available at: https://urn.nsk.hr/urn:nbn:hr:213:426386 (Accessed 28 December 2024)

Ledić M, Rubil I, Urban I. Missing top incomes and tax-benefit microsimulation: evidence from correcting household survey data using tax records data. Radni materijali EIZ-a [Internet]. 2022 [cited 2024 December 28];(1):3-52. Available at: https://urn.nsk.hr/urn:nbn:hr:213:426386

M. Ledić, I. Rubil and I. Urban, "Missing top incomes and tax-benefit microsimulation: evidence from correcting household survey data using tax records data", Radni materijali EIZ-a, no. 1, pp. 3-52, 2022. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:213:426386. [Accessed: 28 December 2024]

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Metadata
Title (english)Missing top incomes and tax-benefit microsimulation: evidence from correcting household survey data using tax records data
AuthorMarko Ledić https://orcid.org/0000-0002-3320-0741
AuthorIvica Rubil https://orcid.org/0000-0002-9111-7313
AuthorIvica Urban https://orcid.org/0000-0001-6734-2791
Author's institutionThe Institute of Economics, Zagreb
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
Using the microsimulation model EUROMOD for Croatia, we compare the results of simulation based on the original survey data (EU-SILC) with those based on the survey data corrected using tax records data and a recent survey correction method. We show that the correction method, although it debiases inequality estimates, may not be able to correct the income structure by source if some income sources are severely under-represented. In Croatia, this is the case for income from capital, property, and contractual work. As a solution, we propose to complement the correction method with an ad hoc pre-correction procedure. The corrections bring the aggregate amount, distribution, and structure of survey income closer to those in the tax data. Consequently, the simulated fiscal instruments become more like those in the tax data. Simulation of a hypothetical tax reform shows the results based on the uncorrected data may be misleading in terms of the estimated budgetary impact and the distributional incidence of the reform.
Keywords (english)
Languageenglish
Publication typeOther - Other
Publication statusPublished
Peer reviewPeer review
Publication versionPublished version
Journal titleRadni materijali EIZ-a
Numberingno. 1, pp. 3-52
e-ISSN1847-7844
URN:NBNurn:nbn:hr:213:426386
Publication2022
Document URLhttps://hrcak.srce.hr/274354
Type of resourceText
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2023-10-05 13:37:44