Simulating Cohort Earnings for Australia
Justin van de Ven
No 780, Department of Economics - Working Papers Series from The University of Melbourne
Abstract:
This paper describes a dynamic microsimulation model of cohort earnings developed to consider redistribution during the working-lifetime in Australia. Microsimulation models were first used for economic analysis by Orcutt (1957), and are now commonly employed to undertake policy analyses in many countries around the world.
Keywords: INCOME; SIMULATION; ECONOMIC MODELS (search for similar items in EconPapers)
JEL-codes: C15 D31 J31 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2001
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