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Orcutt’s Vision, 50 years on

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  • Elisa Baroni
  • Matteo Richiardi

Abstract

Fifty years have passed since the seminal contribution of Guy Orcutt [Orcutt,1957],which gave birth to the field of Microsimulation. We survey, from a methodological perspective, the literature that followed, highlighting its relevance,its pros and cons vis-`a-vis other methodologies and pointing out the main open issues.

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Bibliographic Info

Paper provided by LABORatorio R. Revelli, Centre for Employment Studies in its series LABORatorio R. Revelli Working Papers Series with number 65.

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Length: 42 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:cca:wplabo:65

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References

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  1. Herwig Immervoll & Horacio Levy & Christine Lietz & Daniela Mantovani & Holly Sutherland, 2006. "The sensitivity of poverty rates to macro-level changes in the European Union," Cambridge Journal of Economics, Oxford University Press, vol. 30(2), pages 181-199, March.
  2. Roberto Leombruni & Matteo Richiardi, 2006. "LABORsim: an Agent-Based Microsimulation of Labour Supply. An Application to Italy," LABORatorio R. Revelli Working Papers Series 46, LABORatorio R. Revelli, Centre for Employment Studies.
  3. Sutherland, Holly, 2001. "EUROMOD: an integrated European benefit-tax model: final report," EUROMOD Working Papers EM9/01, EUROMOD at the Institute for Social and Economic Research.
  4. Herwig Immervoll & Henrik Jacobsen Kleven & Claus Thustrup Kreiner & Emmanuel Saez, 2007. "Welfare reform in European countries: a microsimulation analysis," Economic Journal, Royal Economic Society, vol. 117(516), pages 1-44, 01.
  5. Mitton L & Sutherland H, 1999. "Maintaining and Updating POLIMOD," Microsimulation Unit Research Notes MU/RN/33, Microsimulation Unit at the Institute for Social and Economic Research.
  6. Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521747387.
  7. Chris Giles & Julian McCrae, 1995. "TAXBEN: the IFS microsimulation tax and benefit model," IFS Working Papers W95/19, Institute for Fiscal Studies.
  8. Alberto Martini & Ugo Trivellato, 1997. "The Role of Survey Data in Microsimulation Models for Social Policy Analysis," LABOUR, CEIS, vol. 11(1), pages 83-112, 04.
  9. Cathal O'Donoghue, 2002. "Redistribution over the Lifetime in the Irish Tax-Benefit System: An Application of a Prototype Dynamic Microsimulation Model for Ireland," Working Papers 0056, National University of Ireland Galway, Department of Economics, revised 2002.
  10. Davies, James B., 2004. "Microsimulation, CGE and Macro Modelling for Transition and Developing Economies," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
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Cited by:
  1. Eugenio Zucchelli & Andrew M Jones & Nigel Rice, 2012. "The evaluation of health policies through dynamic microsimulation methods," International Journal of Microsimulation, Interational Microsimulation Association, vol. 5(1), pages 2-20.
  2. Zucchelli, E & Jones, A.M & Rice, N, 2010. "The evaluation of health policies through microsimulation methods," Health, Econometrics and Data Group (HEDG) Working Papers 10/03, HEDG, c/o Department of Economics, University of York.

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