A survey of dynamic microsimulation models: uses, model structure and methodology

Jinjing Li and Cathal O'Donoghue

International Journal of Microsimulation, 2013, vol. 6, issue 2, 3-55

Abstract: More than 10 years ago ODonoghue (2001a) surveyed the dynamic microsimulation models that had been developed up to that point. However many of the barriers mentioned have been gradually overcome in the last decade . This paper surveys the development and practices in dynamic microsimulation over the past decade, and discusses the methodological challenges today. It provides an overview of the methodological choices made in more than 60 known dynamic microsimulation models and examines the advantages and disadvantages of different practices. In addition, this paper reviews the main progress made in the field and explores how future microsimulation models could evolve potentially.

Keywords: Dynamic microsimulation; survey; Literature review (search for similar items in EconPapers)
JEL-codes: C1 C5 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (66)

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Persistent link: https://EconPapers.repec.org/RePEc:ijm:journl:v:6:y:2013:i:2:p:3-55

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