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Simulating Cohort Earnings for Australia

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  • van de Ven, J.

Abstract

This paper describes a dynamic microsimulation model of cohort earnings developed to consider redistribution during the working-lifetime in Australia. Microsimulation models were first used for economic analysis by Orcutt (1957), and are now commonly employed to undertake policy analyses in many countries around the world.

Suggested Citation

  • van de Ven, J., 2001. "Simulating Cohort Earnings for Australia," Department of Economics - Working Papers Series 780, The University of Melbourne.
    • Handle: RePEc:mlb:wpaper:780
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    File URL: http://www.economics.unimelb.edu.au/downloads/wpapers-00-01/780.pdf
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    References listed on IDEAS

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    9. Basu, N & Pryor, R & Quint, T, 1998. "ASPEN: A Microsimulation Model of the Economy," Computational Economics, Springer;Society for Computational Economics, vol. 12(3), pages 223-241, December.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    INCOME ; SIMULATION ; ECONOMIC MODELS;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General

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