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Microsimulation. A Tool for Economic Analysis

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  • Anders Klevmarken

    (Department of Economics, Uppsala, Sweden)

Abstract

Micro simulation involves modeling the behavior of individuals and other decision units taking into account the effects of policy parameters such as tax rates, eligibility rules for benefits and subsidies and compensation rates in the social security system. The model is simulated to analyze the impact of policy changes not only on mean behavior but also on the entire distribution of target variables.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Anders Klevmarken, 2022. "Microsimulation. A Tool for Economic Analysis," International Journal of Microsimulation, International Microsimulation Association, vol. 15(1), pages 6-14.
    • Handle: RePEc:ijm:journl:v:15:y:2022:i:1:p:6-14
    DOI: 10.34196/ijm.00246
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    Cited by:

    1. van Sonsbeek, J.M. & Gradus, R.H.J.M., 2006. "A microsimulation analysis of the 2006 regime change in the Dutch disability scheme," Economic Modelling, Elsevier, vol. 23(3), pages 427-456, May.
    2. Gaël Dupont & Cyrille Hagneré & Vincent Touzé, 2003. "Les modèles de microsimulation dynamique dans l'analyse des réformes des systèmes de retraites : une tentative de bilan," Economie & Prévision, La Documentation Française, vol. 0(4), pages 167-191.
    3. Tilmann Rave & Ursula Triebswetter, 2006. "Economic impacts of environmental regulations," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 30, July.
    4. 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.
    5. Richiardi, Matteo & Bronka, Patryk & van de Ven, Justin, 2023. "Back to the future: Agent-based modelling and dynamic microsimulation," Centre for Microsimulation and Policy Analysis Working Paper Series CEMPA8/23, Centre for Microsimulation and Policy Analysis at the Institute for Social and Economic Research.

    More about this item

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling

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