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Micro Simulation - A Tool for Economic Analysis

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Author Info
Klevmarken, N.A.

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Abstract

Micro simulation involves modeling the behavior of individuals and other decision units taking into account the effects of policy parameters such as tax rates, eligibility rules for benefits and subsidies and compensation rates in the social security system. The model is simulated to analyze the impact of policy changes not only on mean behavior but also on the entire distribution of target variables.

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Publisher Info
Paper provided by Uppsala - Working Paper Series in its series Papers with number 2001-13.

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Length: 29 pages
Date of creation: 2001
Date of revision:
Handle: RePEc:fth:uppaal:2001-13

Contact details of provider:
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: SIMULATION ; BEHAVIOUR ; ECONOMIC ANALYSIS;

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Find related papers by JEL classification:
B4 - Schools of Economic Thought and Methodology - - Economic Methodology
C5 - Mathematical and Quantitative Methods - - Econometric Modeling

Cited by:
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  1. Sonsbeek, J.M. van & Gradus, R.H.J.M., 2005. "A microsimulation analysis of the 2006 regime change in the Dutch disability scheme," Serie Research Memoranda 0012, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics. [Downloadable!]
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Statistics
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This page was last updated on 2009-12-16.

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