The Danish Microsimulation Model SMILE – An overview

Peter Stephensen

No 201305, DREAM Working Paper Series from Danish Rational Economic Agents Model, DREAM

Abstract: The SMILE model is a Danish, dynamic, data-driven microsimulation model. The current version forecasts demography, education level, socioeconomic characteristics and housing demand for the period 2010-2050. The basic idea with SMILE is to unite the pre-models that the Danish institution DREAM already uses in a full dynamic microsimulation model. The new elements of the model are described and the development strategy is outlined. The model is based on a new Event Pump architecture. This is a Lego-block-like object oriented technique where the model is built as an Agent Tree consisting of Agent objects. The model take extensive use of a method called CTREE, which is a decision tree technique that has not previously been used for microsimulation modelling. Finally, a matching algorithm called SBAM (Sparse Biproportionate Adjustment Matching) has been developed.

Keywords: population projections; education; household projections; housing demand; microsimulation (search for similar items in EconPapers)
Pages: 8 pages
Date: 2013-12
New Economics Papers: this item is included in nep-cmp
Note: Conference paper for the 4th General Conference of the International Microsimulation Association
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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http://www.dreammodel.dk/SMILE/N2013_01.pdf First version, 2013 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:dra:wpaper:201305

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