A survey of dynamic microsimulation models: uses, model structure and
methodology

Li, Jinjing; O’Donoghue, Cathal

doi:10.34196/ijm.00082

Cited by 111 publications

(83 citation statements)

References 51 publications

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“…It is interesting to note that microsimulation procedures are used in a discrete time setting by several public institutions to test economic and retirement policies (see e.g. the review by Li and O'Donoghue (2013)). This includes for example the French National Institute for Statistics and Economic Studies (INSEE) with the model Destinie (see Bonnet et al (1999) and Duée (2005)).…”

Section: Introductionmentioning

confidence: 99%

Cause-of-death mortality: What can be learned from population dynamics?

Arnold¹,

Boumezoued²,

Hardy

et al. 2018

Insurance: Mathematics and Economics

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This paper analyses cause-of-death mortality changes and its impacts on the whole population evolution. The study combines cause-of-death analysis and population dynamics techniques. Our aim is to measure the impact of cause-of-death reduction on the whole population age structure, and more specifically on the dependency ratio which is a crucial quantity for pay-as-yougo pension systems. Whereas previous studies on causes of death focused on mortality indicators such as survival curves or life expectancy, our approach provides additional information by including birth patterns. As an important conclusion, our numerical results based on French data show that populations with identical life expectancies can present important differences in their age pyramid resulting from different cause-specific mortality reductions. Sensitivities to fertility level and population flows are also given.

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Section: Introductionmentioning

confidence: 99%

Cause-of-death mortality: What can be learned from population dynamics?

Arnold¹,

Boumezoued²,

Hardy

et al. 2018

Insurance: Mathematics and Economics

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“…Third, this type of analysis is inherently static; microsimulation was only used in an accounting manner (day after), and disposable income of a representative sample of the population was calculated before and after a reform using a tax-and-benefit calculator. Li and O'Donoghue (2013) provide an overview of the literature and the data requirements for the dynamic microsimulation models. Finally, although we justify in the paper why the policies simulated in SRMOD refer to the LSMS for Serbia in 2007 as the baseline year, the more recent SILC data for Serbia could be utilized, as in Žarković-Rakić et al 2016and Clavert et al (2019).…”

Section: Resultsmentioning

confidence: 99%

Labour Supply and Inequality Effects of In-Work Benefits: Evidence from Serbia

Ranđelović

Rakić

Vladisavljević

et al. 2019

Naše Gospodarstvo/Our Economy

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Low labour market participation, together with the high effective tax wedge at low wage levels, create a fertile ground for the introduction of the in-work benefits (IWB) in Serbia. Our paper provides an ex-ante evaluation of the two IWB schemes, directed at stimulating the labour supply and more equal income distribution. The methodological approach combines the tax-and-benefit microsimulation model with the discrete labour supply model. Our results show that both individual and family-based IWB schemes would considerably boost labour market participation, although family-based benefits would have disincentivizing effects for the secondary earners in couples. Most of the behavioural changes take place among the poorest individuals, with significant redistributive effects.

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“…Instead of a macrosimulation model, I use a microsimulation model to project possible developments of educational attainment. Whereas an expansion of microsimulation models and techniques can be observed during the last decade (Li and O'Donoghue, 2013), a similar development is not recognizable for Germany. Approach & Method: The projection of the educational attainment is based on an event-oriented dynamic microsimulation approach.…”

Section: Introductionmentioning

confidence: 99%

A Plea For Microsimulation

Hannappel¹

2016

ECMS 2016 Proceedings Edited by Thorsten Claus, Frank Herrmann, Michael Manitz, Oliver Rose

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German demographic or educational projections are conventionally based on macrosimulations. Macrosimulation models use average values of the simulation parameters to compute the updating process. Additionally, the proportions of educational graduate rates stay constant in these models. In this paper I introduce a discrete event microsimulation model which is designed to project the graduate rates of the German population. With this simulation model it was demonstrated that the development of the graduation rates can become the subject of the simulation. 2 The KMK is a conference of the education ministers of the different German federal states.

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A survey of dynamic microsimulation models: uses, model structure and methodology

Cited by 111 publications

References 51 publications

Cause-of-death mortality: What can be learned from population dynamics?

Cause-of-death mortality: What can be learned from population dynamics?

Labour Supply and Inequality Effects of In-Work Benefits: Evidence from Serbia

A Plea For Microsimulation

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