Simulating Cohort Demographic Characteristics for Australia

Justin van de Ven

No 779, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: This paper describes a dynamic microsimulation model of cohort demographics that has been developed to consider the working lifetime in Australia. The model provides a valuable resource for studying dynamics in Australia since, in addition to the usual advantages of microsimulation analysis, Australian panel data is scarce. The model possess a highly flexible structure. Specifically, the modular framework of the model permits the addition or omission of cohort characteristics as desired, and the use of transition probability functions facilitates transparent sensitivity analysis.

Keywords: DEMOGRAPHY; PROBABILITY; SIMULATION (search for similar items in EconPapers)
JEL-codes: J10 J11 J19 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2001
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