A Dynamic Analysis of the 2001 and 2003 Bush Tax Cuts: Applying an Alternative Technique for Calibrating Macroeconomic and Microsimulation Models
The authors use a microsimulation model of the federal individualincome tax and the Global Insight short-term U.S. MacroeconomicModel to analyze the dynamic economic and budget effects ofpermanently extending some of the expiring provisions of the 2001and 2003 tax laws.
Source: heritage.org
