Practical Microsimulation Modelling
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Practical Microsimulation Modelling
"The purpose of this book is to bring together for the first time a description, with examples, of the main methods used in microsimulation modelling, used in the field of income-distribution analysis. The book provides a practical complement to the Handbook of Microsimulation Modelling, published in 2014. It is structured to develop and use the different types of models used in the field, with a focus on household-targeted policy. The book aims to fill a gap in the literature in providing a greater degree of codified knowledge through a practical guide to developing and using microsimulation models. At present, the training of researchers and analysts that use and develop microsimulation modelling is done on a relatively ad-hoc basis through occasional training programmes and lecture series, built around lecture notes. This book would enable a more formalized and organized approach. Each chapter addresses a separate modelling approach in a similar, consistent way, describing in practical terms the key methodological skills for each approach: · It provides some policy context to each modelling approach so as to understand the modelling choices made and structures developed. · As a very data-intensive modelling approach, each chapter describes key data analysis and data-preparation methods. · As a modelling approach that is used extensively for deciding policy, often involving huge budgets, validation is key. Each chapter describes an approach to validating the model. · Depending upon the policy context, the analysis is assessed in different ways. Each chapter contains a section devoted to measurement issues and tabulating output from the models. · Last, each chapter contains an example simulation of a policy analysis using the chapter's methodological approach"--Publisher's description.
Practical Microsimulation Modelling
Author: Cathal O'Donoghue
language: en
Publisher: Oxford University Press
Release Date: 2021-09-23
The purpose of this book is to bring together, for the first time, a description and examples of the main methods used in microsimulation modelling used in the field of income distribution analysis. It is structured to develop and use the different types of models used in the field, with a focus on household targeted policy. The book aims to provide a greater degree of codified knowledge by providing a practical guide to developing and using microsimulation models. At present, the training of researchers and analysts that use and develop microsimulation modelling is done on a relatively ad hoc basis through occasional training programmes and lecture series, built around lecture notes. Practical Microsimulation Modelling enables a more formalised and organised approach. Each chapter addresses a separate modelling approach in a similar consistent way, describing in a practical way the key methodological skills for each approach.
Practical Microsimulation Modelling
Author: Cathal O'Donoghue
language: en
Publisher: Oxford University Press
Release Date: 2021
This book brings together a description and examples of the main methods used in microsimulation modelling used in the field of income distribution analysis. It is structured to develop and use the different types of models used in the field, with a focus on household targeted policy.