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Simulating Cohort Demographic Characteristics for Australia

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  • van de Ven, J.

Abstract

This 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.

Suggested Citation

  • van de Ven, J., 2001. "Simulating Cohort Demographic Characteristics for Australia," Department of Economics - Working Papers Series 779, The University of Melbourne.
    • Handle: RePEc:mlb:wpaper:779
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    File URL: http://www.economics.unimelb.edu.au/downloads/wpapers-00-01/779.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    DEMOGRAPHY ; PROBABILITY ; SIMULATION;
    All these keywords.

    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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