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, publis...
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| Format: | eBook |
| Language: | English |
| Published: |
Oxford :
Oxford University Press,
2021.
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| Edition: | First edition. |
| Series: | Practical econometrics.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | "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. |
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| Item Description: | This edition also issued in print: 2021. |
| Physical Description: | 1 online resource (320 pages) : illustrations, maps, charts |
| Audience: | Specialized. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9780192594334 0192594338 9780191887178 019188717X 9780192594341 0192594346 |