This report documents COLMOD, the SOUTHMOD micrososimulation model developed for Colombia. It describes the different tax–benefit policies in place, how the microsimulation model takes advantage of these different provisions, and the database on which the model runs. It concludes with a validation of COLMOD results against external data sources.
This work was carried out by the Observatorio de Desarrollo y Política Social (ODEPS) at the Facultad de Economía, Universidad Externado de Colombia. The results presented in this report are derived using COLMOD version 2.3 running on EUROMOD software. For further information on access to the model, see the COLMOD page.
The COLMOD model and its documentation in this country report has been prepared within the UNU-WIDER project ‘SOUTHMOD—simulating tax and benefit policies for development’. For more information, see the SOUTHMOD project page.