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Simulating Cohort Earnings for Australia

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  • Dr Justin van de Ven

Abstract

A dynamic microsimulation model of cohort earnings based on the Australian population aged between 20 and 55 years is described. A highly parsimonious modular structure is adopted to facilitate sensitivity analysis and enable additional characteristics to be added, should they be desired. Despite the restrictive specifications used, the model closely reflects the data used for calibration.

Suggested Citation

  • Dr Justin van de Ven, 2005. "Simulating Cohort Earnings for Australia," National Institute of Economic and Social Research (NIESR) Discussion Papers 276, National Institute of Economic and Social Research.
    • Handle: RePEc:nsr:niesrd:276
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