Microsimulation - A survey of principles, developments and applications
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In: International Journal of Forecasting, Vol. 7, No. 1, 01.05.1991, p. 77-104.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Microsimulation - A survey of principles, developments and applications
AU - Merz, Joachim
PY - 1991/5/1
Y1 - 1991/5/1
N2 - This paper surveys microsimulation as an instrument to analyze and forecast the individual impacts of economic and social policies. The basic principles of microsimulation, which is a tool for practical policy advising as well as for research and teaching, are pointed out and the static and dynamic (cross-section and longitudinal) approaches are compared to one another. Present and past developments of microsimulation models - with emphasis on the static version - and their areas of application are reviewed, focusing on the us and Europe as leaders in this field. The requirement profile and components of a static microsimulation model are discussed. To illustrate the mechanisms involved in a microsimulation model, the paper concludes with a concrete example: the Static Sfb 3 Microsimulation Model based on a relational database system.
AB - This paper surveys microsimulation as an instrument to analyze and forecast the individual impacts of economic and social policies. The basic principles of microsimulation, which is a tool for practical policy advising as well as for research and teaching, are pointed out and the static and dynamic (cross-section and longitudinal) approaches are compared to one another. Present and past developments of microsimulation models - with emphasis on the static version - and their areas of application are reviewed, focusing on the us and Europe as leaders in this field. The requirement profile and components of a static microsimulation model are discussed. To illustrate the mechanisms involved in a microsimulation model, the paper concludes with a concrete example: the Static Sfb 3 Microsimulation Model based on a relational database system.
KW - Forecasting microdata
KW - Microanalysis
KW - Microsimulation
KW - Policy analysis
KW - Management studies
UR - http://www.scopus.com/inward/record.url?scp=0001781059&partnerID=8YFLogxK
U2 - 10.1016/0169-2070(91)90035-T
DO - 10.1016/0169-2070(91)90035-T
M3 - Journal articles
AN - SCOPUS:0001781059
VL - 7
SP - 77
EP - 104
JO - International Journal of Forecasting
JF - International Journal of Forecasting
SN - 0169-2070
IS - 1
ER -