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Behavioral modeling in micro simulation models : a survey
Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
1997 (English)Report (Other academic)
Abstract [en]

Micro-simulation is an approach to analyze the impact of economic and social policy on the distribution of target variables, not just on the means. It easily includes the true policy instruments and handles highly nonlinear relations. Most models currently used in policy analysis are static and they do not include behavioral response to policy changes, just their first order effects. There is, however, an increasing demand for dynamic models including behavioral responses. This paper surveys current theory and practice in micro-simulation with an emphasis on behavioral modeling, and discusses issues of model building, data availability, estimation, testing and validation.

Place, publisher, year, edition, pages
Uppsala: Nationalekonomiska institutionen , 1997. , p. 50
Series
Working paper, ISSN 0284-2904
Keywords [en]
Economics
Keywords [sv]
Nationalekonomi
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-2400ISBN: 99-2511842-5 (print)OAI: oai:DiVA.org:uu-2400DiVA, id: diva2:128661
Available from: 1997-01-01 Created: 1997-01-01

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CiteExportLink to record
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Citation style
  • apa
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More styles
Language
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Output format
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