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STINMOD+ is an advanced tax microsimulation model that can be used to evaluate the distributional and fiscal impact of tax and transfer policies. The model covers all major taxation and welfare schemes in Australia, and has a consistent and up-to-date policy database from 2001 onwards, including comprehensive income and asset testing.
The model is often used to analyse the impact of federal budget (See our Australian federal budget analysis) and can produce detailed policy impact analysis by household income quintile, region and family types. STINMOD+ can be potentially integrated with other software, including but not limited to a web interface, SAS, Stata, and R.
Income inequality and the role of the tax-benefit system in mitigating inequality in Australia has attracted the attention of the public and academic literature throughout the past decade. While the inequality itself in Australia has not changed dramatically over the past decade, several factors suc...
The workshop will start with a short presentation on the main NATSEM models with a focus on the latest developments and their application in public policy analysis. The presentation discusses the advance in its microsimulation architecture around STINMOD+ and shows examples of how multiple microsimu...