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The Danish Microsimulation Model SMILE – An overview

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Abstract

The SMILE model is a Danish, dynamic, data-driven microsimulation model. The current version forecasts demography, education level, socioeconomic characteristics and housing demand for the period 2010-2050. The basic idea with SMILE is to unite the pre-models that the Danish institution DREAM already uses in a full dynamic microsimulation model. The new elements of the model are described and the development strategy is outlined. The model is based on a new Event Pump architecture. This is a Lego-block-like object oriented technique where the model is built as an Agent Tree consisting of Agent objects. The model take extensive use of a method called CTREE, which is a decision tree technique that has not previously been used for microsimulation modelling. Finally, a matching algorithm called SBAM (Sparse Biproportionate Adjustment Matching) has been developed.

Suggested Citation

  • Peter Stephensen, 2013. "The Danish Microsimulation Model SMILE – An overview," DREAM Working Paper Series 201305, Danish Rational Economic Agents Model, DREAM.
    • Handle: RePEc:dra:wpaper:201305
    Note: Conference paper for the 4th General Conference of the International Microsimulation Association
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    File URL: http://www.dreammodel.dk/SMILE/N2013_01.pdf
    File Function: First version, 2013
    Download Restriction: no
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    References listed on IDEAS

    as
    1. Jonas Zangenberg Hansen & Peter Stephensen & Joachim Borg Kristensen, 2013. "Household Formation and Housing Demand Forecasts - Summary," DREAM Working Paper Series 201307, Danish Rational Economic Agents Model, DREAM.
    2. Jonas Zangenberg Hansen & Peter Stephensen & Joachim Borg Kristensen, 2013. "Household Formation and Housing Demand Forecasts," DREAM Working Paper Series 201308, Danish Rational Economic Agents Model, DREAM.
    3. Peter Stephensen, 2012. "SBAM: An Algorithm for Pair Matching," DREAM Working Paper Series 201201, Danish Rational Economic Agents Model, DREAM.
    4. Carter, Lawrence R. & Lee, Ronald D., 1992. "Modeling and forecasting US sex differentials in mortality," International Journal of Forecasting, Elsevier, vol. 8(3), pages 393-411, November.
    5. Jonas Zangenberg Hansen & Peter Stephensen, 2013. "Modeling Household Formation and Housing Demand in Denmark using the Dynamic Microsimulation Model SMILE," DREAM Working Paper Series 201304, Danish Rational Economic Agents Model, DREAM.
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    Cited by:

    1. Cathal O'Donoghue & Gijs Dekkers, 2018. "Increasing the Impact of Dynamic Microsimulation Modelling," International Journal of Microsimulation, International Microsimulation Association, vol. 11(1), pages 61-96.
    2. Jonas Zangenberg Hansen & Peter Stephensen & Joachim Borg Kristensen, 2013. "Household Formation and Housing Demand Forecasts," DREAM Working Paper Series 201308, Danish Rational Economic Agents Model, DREAM.

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