Development of Treasury's new model of Australian retirement incomes and assets: MARIA

Bruce Bastian, Matthew Smith, Belinda Cheong, Virginia Pineda, Martin Stevenson, Owen Hutchison, Madeleine Nargar, Susie Kluth

Treasury currently has a project underway to significantly enhance its capability to produce detailed modelling of retirement incomes in Australia. The Model of Australian Retirement Incomes and Assets (MARIA) is a long-term dynamic microsimulation model of Australia's retirement income system. When fully operational, MARIA will provide whole-of-population projections beyond the medium term of: Age Pension expenditure and take-up; superannuation funds under management; and retirement income adequacy. It will also enable detailed distributional analysis of both current and hypothetical policy settings. This paper provides high-level details of the model and outlines a number of challenges and research questions for further consideration by Treasury and interested researchers.

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Year of publication:	17 March 2017
Authors:	Bastian, Bruce ; Smith, Matthew ; Cheong, Belinda ; Pineda, Virginia ; Stevenson, Martin ; Hutchison, Owen ; Nargar, Madeleine ; Kluth, Susie
Publisher:	Canberra : The Treasury
Subject:	Retirement incomes \| superannuation \| pensions \| modelling \| microsimulation \| Tax Analysis Division \| Revenue Group \| Pensionskasse \| Pension fund \| Altersvorsorge \| Retirement provision \| Australien \| Australia \| Einkommensteuer \| Income tax \| Mikrosimulation \| Microsimulation \| Ältere Menschen \| Elderly people

Extent:	1 Online-Ressource (circa 13 Seiten) Illustrationen
Series:	Treasury working paper. - Canberra : The Treasury, ISSN 1833-4024, ZDB-ID 3000123-7. - Vol. 2017, 02
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
ISBN:	978-1-925504-34-7
Other identifiers:	hdl:10419/210394 [Handle]
Source:	ECONIS - Online Catalogue of the ZBW

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