book review

We simulate different reform scenarios of the Belgian pension system using a micro-simulation approach. Using a rich administrative dataset with extensive information on individual earnings histories, we evaluate the impact of the scenarios for the individuals as well as the system as a whole....

This paper extends the ‘top-down’ framework developed by Robilliard et al. (2001) to link a computable general equilibrium (CGE) model to a microsimulation (MS) model. The proposed approach allows for the linking of an MS model to a dynamic (rather than static) CGE model. The approach relies...

The purpose of this paper is to identify a Swedish tax/benefit design that maximizes social welfare. A two stage process is proposed where individuals’ preferred choice of leisure and consumption is solved in the first stage, and the second stage identifies the tax/benefit system that...

MIKMOD-ESt is a microsimulation model of the German personal income tax. Developed and operated on behalf of the German Federal Ministry of Finance, MIKMOD-ESt is extensively used to evaluate numerous proposals for reforms of personal income taxation in Germany. The aim of this paper is to shed...

A dynamic model with cross-sectional dynamic ageing builds up complete synthetic life histories for each individual, starting from a survey dataset or an administrative dataset. Many of these datasets include weights. This is a problem for dynamic microsimulation models, since the most obvious...

This paper presents an overview of microsimulation as a method to evaluate health and health care policies and interventions. After presenting a brief survey of microsimulation models and applications we describe the main features of the approach and how these are implemented in practice. We pay...

All-case simulation, where demographic outcomes are simulated for each person each simulation cycle, has been used in almost every national household microsimulation model. This paper suggests the use of simulation by stratified sampling with loaded probabilities. This suggestion is intended to...