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microWELT: A Dynamic Microsimulation Model for the Study of Welfare Transfer Flows in Ageing Societies from a Comparative Welfare State Perspective

Author

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  • Martin Spielauer

    (WIFO)

  • Thomas Horvath
  • Marian Fink

Abstract

This paper introduces the microWELT model. Starting from its objectives, we discuss design choices, the model architecture and key features. microWELT provides a demographic projection tool reproducing Eurostat population projections but adding details such as education, intergenerational transmission of education, fertility by education, partnership patterns, and mortality differentials by education. The model integrates transfer flows as captured by the National Transfer Account (NTA) and National Time Transfer Account (NTTA) accounting framework and calculates a set of indicators based on NTA literature. Individual accounts allow the study of transfers over the whole life cycle by cohorts and between generations.

Suggested Citation

  • Martin Spielauer & Thomas Horvath & Marian Fink, 2020. "microWELT: A Dynamic Microsimulation Model for the Study of Welfare Transfer Flows in Ageing Societies from a Comparative Welfare State Perspective," WIFO Working Papers 609, WIFO.
    • Handle: RePEc:wfo:wpaper:y:2020:i:609
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    References listed on IDEAS

    as
    1. Martin Spielauer, 2005. "Concentration of reproduction in Austria: general trends and differentials by educational attainment and urban-rural setting," MPIDR Working Papers WP-2005-012, Max Planck Institute for Demographic Research, Rostock, Germany.
    2. Matteo Richiardi & Ross E. Richardson, 2017. "JAS-mine: A new platform for microsimulation and agent-based modelling," International Journal of Microsimulation, International Microsimulation Association, vol. 10(1), pages 106-134.
    3. Ronald Lee & David McCarthy & James Sefton & Jože Sambt, 2017. "Full Generational Accounts: What Do We Give to the Next Generation?," Population and Development Review, The Population Council, Inc., vol. 43(4), pages 695-720, December.
    4. Vladimir M. Shkolnikov & Evgueni M. Andreev & René Houle & James W. Vaupel, 2007. "The Concentration of Reproduction in Cohorts of Women in Europe and the United States," Population and Development Review, The Population Council, Inc., vol. 33(1), pages 67-100, March.
    5. repec:cai:popine:popu_p1998_10n1_0136 is not listed on IDEAS
    6. Holly Sutherland & Francesco Figari, 2013. "EUROMOD: the European Union tax-benefit microsimulation model," International Journal of Microsimulation, International Microsimulation Association, vol. 1(6), pages 4-26.
    7. Elisenda Rentería & Guadalupe Souto & Iván Mejía-Guevara & Concepció Patxot, 2016. "The Effect of Education on the Demographic Dividend," Population and Development Review, The Population Council, Inc., vol. 42(4), pages 651-671, December.
    8. repec:ijm:journl:v109:y:2017:i:1:p:106-134 is not listed on IDEAS
    9. Marian Fink & Thomas Horvath & Martin Spielauer, 2020. "microDEMS – Ein dynamisches Mikrosimulationsmodell für Österreich. Illustration am Beispiel der Entwicklung der Erwerbsbeteiligung bis 2040," WIFO Monatsberichte (monthly reports), WIFO, vol. 93(1), pages 51-61, January.
    10. Oliver Mannion & Roy Lay-Yee & Wendy Wrapson & Peter Davis & Janet Pearson, 2012. "JAMSIM: a Microsimulation Modelling Policy Tool," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 15(1), pages 1-8.
    11. Martin Spielauer, 2005. "Concentration of Reproduction in Austria: General Trends and Differentials by Educational Attainment and Urban-Rural Setting," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 3(1), pages 171-195.
    12. Fabrice Murtin & Johan Mackenbach & Domantas Jasilionis & Marco Mira d’Ercole, 2017. "Inequalities in longevity by education in OECD countries: Insights from new OECD estimates," OECD Statistics Working Papers 2017/2, OECD Publishing.
    13. Rebecca Cassells & Ann Harding & Simon Kelly, 2006. "Problems and Prospects for Dynamic Microsimulation: A review and lessons for APPSIM," NATSEM Working Paper Series 63, University of Canberra, National Centre for Social and Economic Modelling.
    14. Gaëtan de Menten & Gijs Dekkers & Geert Bryon & Philippe Liégeois & Cathal O'Donoghue, 2014. "LIAM2: a New Open Source Development Tool for Discrete-Time Dynamic Microsimulation Models," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 17(3), pages 1-9.
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    Cited by:

    1. Richiardi, Matteo & Bronka, Patryk & van de Ven, Justin, 2022. "Dynamic simulation of taxes and welfare benefits by database imputation," Centre for Microsimulation and Policy Analysis Working Paper Series CEMPA3/22, Centre for Microsimulation and Policy Analysis at the Institute for Social and Economic Research.
    2. Spielauer, Martin & Horvath, Thomas & Fink, Marian & Abio, Gemma & Souto, Guadalupe & Patxot, Ció & Istenič, Tanja, 2022. "Measuring the lifecycle impact of welfare state policies in the face of ageing," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 1-25.
    3. Johannes Amann & René Böheim & Thomas Horvath & Thomas Leoni & Martin Spielauer, 2021. "The microWELT-US Microsimulation Model for Projections of the US Labour Force Participation Accounting for Education and Health. Technical Report," WIFO Studies, WIFO, number 67943, February.
    4. Martin Spielauer & Thomas Horvath & Marian Fink & Gemma Abio & Guadalupe Souto Nieves & Concepció Patxot & Tanja Istenič, 2020. "microWELT: Microsimulation Projection of Full Generational Accounts for Austria and Spain," WIFO Working Papers 618, WIFO.
    5. Spielauer, Martin & Horvath, Thomas & Fink, Marian & Abio, Gemma & Souto, Guadalupe & Patxot, Ció & Istenič, Tanja, 2023. "The effect of educational expansion and family change on the sustainability of public and private transfers," The Journal of the Economics of Ageing, Elsevier, vol. 25(C).
    6. Martin Spielauer & Thomas Horvath & Marian Fink & Gemma Abio & Guadalupe Souto Nieves & Concepció Patxot & Tanja Istenič, 2020. "microWELT: Microsimulation Projection of Indicators of the Economic Effects of Population Ageing Based on Disaggregated National Transfer Accounts," WIFO Working Papers 612, WIFO.

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    Keywords

    Microsimulation; Welfare State; Demographic Change; National Transfer Accounts;
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