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Statistical Inference in Micro Simulation Models: Incorporationg External Information

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Author Info
Klevmarken, N.A.

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Abstract

In practical applications of micro simulation models very little is usually known about the properties of the simulated values. This paper argues that we need to apply the same rigourous standards for inference in micro simulation work as in scientific worl generally. If not, then micro simulation models will loose in credibility.

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Publisher Info
Paper provided by Uppsala - Working Paper Series in its series Papers with number 1998:20.

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Length: 25 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:fth:uppaal:1998:20

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Postal: UPPSALA UNIVERSITY, DEPARTMENT OF ECONOMICS, S-751 20 UPPSALA SWEDEN.
Phone: + 46 18 471 25 00
Fax: + 46 18 471 14 78
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Web page: http://www.nek.uu.se/
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Related research
Keywords: ECONOMIC MODELS ; SIMULATION;

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Find related papers by JEL classification:
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation and Testing

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  1. Zamac, Jovan & Hallberg, Daniel & Lindh, Thomas, 2008. "Low fertility and long run growth in an economy with a large public sector," CAFO Working Papers 2009:5, Centre for Labour Market Policy Research (CAFO), School of Management and Economics, Växjö University. [Downloadable!]
    Other versions:
  2. Carlo Bianchi & Pasquale Cirillo & Mauro Gallegati & Pietro Vagliasindi, 2007. "Validating and Calibrating Agent-Based Models: A Case Study," Computational Economics, Springer, vol. 30(3), pages 245-264, October. [Downloadable!] (restricted)
    Other versions:
  3. John Creedy, 2003. "Survey Reweighting for Tax Microsimulation Modelling," Treasury Working Paper Series 03/17, New Zealand Treasury. [Downloadable!]
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This page was last updated on 2009-11-20.


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