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Orcutt’s Vision, 50 years on

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  • Elisa Baroni
  • Matteo Richiardi

Abstract

Fifty years have passed since the seminal contribution of Guy Orcutt [Orcutt,1957],which gave birth to the field of Microsimulation. We survey, from a methodological perspective, the literature that followed, highlighting its relevance,its pros and cons vis-`a-vis other methodologies and pointing out the main open issues.

Suggested Citation

  • Elisa Baroni & Matteo Richiardi, 2007. "Orcutt’s Vision, 50 years on," LABORatorio R. Revelli Working Papers Series 65, LABORatorio R. Revelli, Centre for Employment Studies.
  • Handle: RePEc:cca:wplabo:65
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    File URL: http://www.laboratoriorevelli.it/_pdf/wp65.pdf
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    References listed on IDEAS

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    1. Herwig Immervoll & Horacio Levy & Christine Lietz & Daniela Mantovani & Holly Sutherland, 2006. "The sensitivity of poverty rates to macro-level changes in the European Union," Cambridge Journal of Economics, Oxford University Press, vol. 30(2), pages 181-199, March.
    2. Roberto Leombruni & Matteo Richiardi, 2006. "LABORsim: An Agent-Based Microsimulation of Labour Supply – An Application to Italy," Computational Economics, Springer;Society for Computational Economics, vol. 27(1), pages 63-88, February.
    3. Sutherland, Holly, 2001. "EUROMOD: an integrated European benefit-tax model: final report," EUROMOD Working Papers EM9/01, EUROMOD at the Institute for Social and Economic Research.
    4. Mitton L & Sutherland H, 1999. "Maintaining and Updating POLIMOD," Microsimulation Unit Research Notes MU/RN/33, Microsimulation Unit at the Institute for Social and Economic Research.
    5. Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521766555, April.
    6. Christopher Giles & Julian McCrae, 1995. "TAXBEN: the IFS microsimulation tax and benefit model," IFS Working Papers W95/19, Institute for Fiscal Studies.
    7. Herwig Immervoll & Henrik Jacobsen Kleven & Claus Thustrup Kreiner & Emmanuel Saez, 2007. "Welfare reform in European countries: a microsimulation analysis," Economic Journal, Royal Economic Society, vol. 117(516), pages 1-44, January.
    8. Alberto Martini & Ugo Trivellato, 1997. "The Role of Survey Data in Microsimulation Models for Social Policy Analysis," LABOUR, CEIS, vol. 11(1), pages 83-112, April.
    9. Davies, James B., 2004. "Microsimulation, CGE and Macro Modelling for Transition and Developing Economies," WIDER Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
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    Cited by:

    1. Andrew Feltenstein & Luciana Lopes & Janet Porras Mendoza & Sally Wallace, 2013. "“The Impact of Micro-simulation and CGE modeling on Tax Reform and Tax Advice in Developing Countries”: A Survey of Alternative Approaches and an Application to Pakistan," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1309, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    2. Eugenio Zucchelli & Andrew M Jones & Nigel Rice, 2012. "The evaluation of health policies through dynamic microsimulation methods," International Journal of Microsimulation, International Microsimulation Association, vol. 5(1), pages 2-20.
    3. Zucchelli, E & Jones, A.M & Rice, N, 2010. "The evaluation of health policies through microsimulation methods," Health, Econometrics and Data Group (HEDG) Working Papers 10/03, HEDG, c/o Department of Economics, University of York.
    4. Georg Struch, 2012. "Entwicklung des integrierten Mikrosimulationsmodells EITDsim," Working Papers 122, Bavarian Graduate Program in Economics (BGPE).

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