This paper describes a dynamic microsimulation model of cohort earnings developed to consider redistribution during the working-lifetime in Australia. Microsimulation models were first used for economic analysis by Orcutt (1957), and are now commonly employed to undertake policy analyses in many countries around the world.
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Length: 27 pages Date of creation: 2001 Date of revision: Handle: RePEc:mlb:wpaper:780
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Find related papers by JEL classification: J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Statistical Simulation Methods
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Akerlof, George A, 1998.
"Men without Children,"
Economic Journal,
Royal Economic Society, vol. 108(447), pages 287-309, March.
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