Simulating Cohort Demographic Characteristics for Australia
AbstractThis paper describes a dynamic microsimulation model of cohort demographics that has been developed to consider the working lifetime in Australia. The model provides a valuable resource for studying dynamics in Australia since, in addition to the usual advantages of microsimulation analysis, Australian panel data is scarce. The model possess a highly flexible structure. Specifically, the modular framework of the model permits the addition or omission of cohort characteristics as desired, and the use of transition probability functions facilitates transparent sensitivity analysis.
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Bibliographic InfoPaper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 779.
Length: 42 pages
Date of creation: 2001
Date of revision:
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Postal: Department of Economics, The University of Melbourne, 5th Floor, Economics and Commerce Building, Victoria, 3010, Australia
Phone: +61 3 8344 5289
Fax: +61 3 8344 6899
Web page: http://www.economics.unimelb.edu.au
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DEMOGRAPHY ; PROBABILITY ; SIMULATION;
Find related papers by JEL classification:
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- J19 - Labor and Demographic Economics - - Demographic Economics - - - Other
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