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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. Peter Stephensen, 2012. "SBAM: An Algorithm for Pair Matching," DREAM Working Paper Series 201201, Danish Rational Economic Agents Model, DREAM.
    3. 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.
    4. 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.
    5. 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.
    Full references (including those not matched with items on IDEAS)

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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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    Keywords

    population projections; education; household projections; housing demand; microsimulation;
    All these keywords.

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