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CAPP_DYN: A Dynamic Microsimulation Model for the Italian Social Security System

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  • Carlo Mazzaferro

    ()

  • Marcello Morciano

    ()

Abstract

Microsimulation allows to apply a set of deterministic or stochastic rules on a sample of micro-unit such as individuals, households, .rms or institutions. A Dynamic Microsimulation Model (DMM) contains a set of rules aiming at projecting the likely socio-economic evolution of a representative sample of individuals throughout time. In this paper, we describe the simulation algorithms and the econom(etr)ic frameworks used in CAPP DYN, a population based DMM for the analysis of the inter- and intra-generational redistributive e.ects of the Italian social security system. By including detailed rules that determine the eligibility to various social security bene.ts, CAPP DYN is quali.ed as a useful tool in assessing the long-run distributional e.ects of the reforms approved in the Italian social security system.

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Bibliographic Info

Paper provided by Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi" in its series Center for the Analysis of Public Policies (CAPP) with number 0048.

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Date of creation: Aug 2012
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Handle: RePEc:mod:cappmo:0048

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Web page: http://www.capp.unimore.it
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Keywords: Dynamic Microsimulation; Pensions; Long-term care;

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References

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  1. Daniela del Boca & Marilena Locatelli & Silvia Pasqua, 2000. "Employment Decisions of Married Women: Evidence and Explanations," CHILD Working Papers, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY wp08_00, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.
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Cited by:
  1. Zucchelli, E & Jones, A.M & Rice, N, 2010. "The evaluation of health policies through microsimulation methods," Health, Econometrics and Data Group (HEDG) Working Papers, HEDG, c/o Department of Economics, University of York 10/03, HEDG, c/o Department of Economics, University of York.
  2. Alessandra Caretta & Sara Flisi & Cecilia Frale & Michele Raitano & Simone Tedeschi, 2013. "T-DYMM : the treasury dynamic microsimulation model of the Italian pension system," Working Papers, Department of the Treasury, Ministry of the Economy and of Finance 11, Department of the Treasury, Ministry of the Economy and of Finance.
  3. Beltrametti, Luca & Della Valle, Matteo, 2011. "Does pension debt mean anything after all?," MPRA Paper 29694, University Library of Munich, Germany.
  4. Li, Jinjing & O'Donoghue, Cathal, 2012. "A methodological survey of dynamic microsimulation models," MERIT Working Papers 002, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  5. Luca Beltrametti & Matteo Della Valle, 2011. "Does the implicit pension debt mean anything after all?," CeRP Working Papers 118, Center for Research on Pensions and Welfare Policies, Turin (Italy).
  6. Eugenio Zucchelli & Andrew M Jones & Nigel Rice, 2012. "The evaluation of health policies through dynamic microsimulation methods," International Journal of Microsimulation, Interational Microsimulation Association, vol. 5(1), pages 2-20.
  7. Beltrametti, Luca & Della Valle, Matteo, 2012. "The Implicit Pension Debt: Its Meaning and an International Comparison - Il debito pensionistico: significato e confronti internazionali," Economia Internazionale / International Economics, Camera di Commercio di Genova, vol. 65(1), pages 15-38.
  8. Carlo Mazzaferro & Marco Savegnago, 2008. "Differential Mortality and Redistribution in the Italian Notional Defined Contribution System," Center for the Analysis of Public Policies (CAPP), Universita di Modena e Reggio Emilia, Dipartimento di Economia Politica 0047, Universita di Modena e Reggio Emilia, Dipartimento di Economia Politica.
  9. A. Marano & C. Mazzaferro & M. Morciano, 2011. "The strengths and failures of incentive mechanisms in notional defined contribution pension systems," Working Papers wp799, Dipartimento Scienze Economiche, Universita' di Bologna.
  10. Jinjing Li & Cathal O'Donoghue, 2013. "A survey of dynamic microsimulation models: uses, model structure and methodology," International Journal of Microsimulation, Interational Microsimulation Association, vol. 6(2), pages 3-55.

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