Behavioral Modeling in Micro Simulation Models. A Survey
AbstractMIcro-simulation is an approach to analyze the impact of economic and social policy on the distribution of target variables, not just on the means. It easily includes the true policy instruments and handles highly nonl ; inear relations. Most models currently used in policy analysis are static and they do not include behavioral response to policy changes, just their first order effects. There is, however, an increasing demand for dynamic modles including behavioral responses. This paper surveys current theory and practice in micro-simulation with an emphasis on behavioral modleing, and discusses issues of model building, data availability, estimation, testing and validation.
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Bibliographic InfoPaper provided by Uppsala - Working Paper Series in its series Papers with number 1997-31.
Length: 50 pages
Date of creation: 1997
Date of revision:
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SIMULATION ; MODELS ; ECONOMIC POLICY;
Other versions of this item:
- N. Anders Klevmarken, 1997. "Behavioral Modeling in Micro Simulation Models. A Survey," Working Paper Series 1997:31, Uppsala University, Department of Economics.
- C0 - Mathematical and Quantitative Methods - - General
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- 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.
- Vaqar Ahmed & Cathal O'Donoghue, 2009.
"Redistributive Effect of Personal Income Taxation in Pakistan,"
0143, National University of Ireland Galway, Department of Economics, revised 2009.
- Ahmed, Vaqar & O'Donoghue, Cathal, 2009. "Redistributive effect of personal income taxation in Pakistan," MPRA Paper 16700, University Library of Munich, Germany.
- 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.
- Didier Blanchet & Anne-Gisèle Privat, 2005. "L'avenir des retraites en France: Evalutation de l'impact des réformes de 1993 et de 2033 à l'aide du modèle de microsimulation Artémis," Sciences Po publications info:hdl:2441/f4rshpf3v1u, Sciences Po.
- Martin Spielauer & René Houle, 2004. "Sample size and statistical significance of hazard regression parameters. An exploration by means of Monte Carlo simulation of four transition models based on Hungarian GGS data," MPIDR Working Papers WP-2004-020, Max Planck Institute for Demographic Research, Rostock, Germany.
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