From SHIW to IT-SILC: construction and representativeness of the new CAPP_DYN first-year population
Emanuele Ciani () and
Donatella Fresu ()
Center for the Analysis of Public Policies (CAPP) from Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi"
This paper describes the construction of the initial population in CAPP_DYN and illustrates the degree of representativeness of the Italian population in 2006. While the previous version of the model was constructed using the Bank of Italy Survey on Household Income and Wealth, the current version is based on the new ISTAT Survey on Income and Living Conditions. The first part of the paper discusses the reasons that led us to this switch. It also provides full details on the operations carried out on the original dataset in order to obtain a sample that can be used as the first year population of the Dynamic Simulation Model. In the second part of the paper, the demographic and socio-economic characteristics of the initial population sample are compared with information coming from other sources, such as administrative archives, national accounts and Labour Force Surveys. This exercise is crucial in assessing the capability of CAPP_DYN to represent the population's characteristics at the starting point.
Keywords: Dynamic micro-simulation; model validation; income distribution; pensions and social security (search for similar items in EconPapers)
JEL-codes: C63 C81 D31 H55 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cmp
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Working Paper: From SHIW to IT-SILC: Construction and Representativeness of the New CAPP_DYN First-Year Population (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:mod:cappmo:0092
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