Microsimulation - A Survey of Methods and Applications for Analyzing Economic and Social Policy
Joachim Merz
No 9, FFB-Discussionpaper from Research Institute on Professions (Forschungsinstitut Freie Berufe (FFB)), LEUPHANA University Lüneburg
Abstract:
This essential dimensions of microsimulation as an instrument to analyze and forecast the individual impacts of alternative economic and social policy measures are surveyed in this study. The basic principles of microsimulation, which is a tool for practical policy advising as well as for research and teaching, are pointed out and the static and dynamic (cross-section and life-cycle) approaches are compared to one another. Present and past developments of microsimulation models and their areas of application are reviewed, focusing on the US, Europe and Australia. Based on general requirements and components of microsimulation models a microsimulation model's actual working mechanism are discussed by a concrete example: the concept and realization of MICSIM, a PC microsimulation model based on a relational database system, an offspring of the Sfb 3 Statitic Microsimulation Model. Common issues of microsimulation modeling are regarded: micro/macro link, behavioural response and the important question of evaluating microsimulation results. The concluding remarks accentuate the increasing use of microcomputers for microsimulation models also for teaching purposes.
Keywords: Microsimulation; Microanalytic Simulation Models; Microanalysis; Economic and Social Policy Analysis (search for similar items in EconPapers)
JEL-codes: C80 C81 D10 D30 D31 J20 (search for similar items in EconPapers)
Pages: 67 pages
Date: 1994-06
References: Add references at CitEc
Citations: View citations in EconPapers (22)
Downloads: (external link)
http://www.leuphana.de/fileadmin/user_upload/Forsc ... _microsimulation.pdf First version, 1994 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.leuphana.de/fileadmin/user_upload/Forschungseinrichtungen/ffb/files/publikationen/diskussion/DP_09_microsimulation.pdf [301 Moved Permanently]--> https://www.leuphana.de/fileadmin/user_upload/Forschungseinrichtungen/ffb/files/publikationen/diskussion/DP_09_microsimulation.pdf [303 See Other]--> https://www.leuphana.de/fileadmin/user_upload/forschungseinrichtungen/ffb/files/publikationen/diskussion/dp_09_microsimulation.pdf)
Related works:
Working Paper: Microsimulation - A Survey of Methods and Applications for Analyzing Economic and Social Policy (1994)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:leu:wpaper:09
Access Statistics for this paper
More papers in FFB-Discussionpaper from Research Institute on Professions (Forschungsinstitut Freie Berufe (FFB)), LEUPHANA University Lüneburg Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Merz (ffb@uni-lueneburg.de this e-mail address is bad, please contact repec@repec.org).