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The timing of partnership formation in closed continuous-time microsimulation models poses difficulties due to the continuous time scale. In this paper the problem is resolved by the concept of a partnership market, which individuals can enter and leave at any point in time over the complete...
Persistent link: https://www.econbiz.de/10010540205
Often new modeling and simulation software is developed from scratch with no or only little reuse. The benefits that can be gained from developing a modeling and simulation environment by using (and thus reusing components of) a general modeling and simulation framework refer to reliability and...
Persistent link: https://www.econbiz.de/10010671705
"In the paper, for the first time in western Germany, estimates of the wage curve are presented using individual panel data. Therefore, it is possible to control for the influence of individual unobserved heterogeneity on the estimation of the wage curve. The relationship between regional wages...
Persistent link: https://www.econbiz.de/10005533535
Modern systems of official statistics require the timely estimation of area-specific densities of sub-populations. Ideally estimates should be based on precise geo-coded information, which is not available due to confidentiality constraints. One approach for ensuring confidentiality is by...
Persistent link: https://www.econbiz.de/10011198407
"In the paper, for the first time in western Germany, estimates of the wage curve are presented using individual panel data. Therefore, it is possible to control for the influence of individual unobserved heterogeneity on the estimation of the wage curve. The relationship between regional wages...
Persistent link: https://www.econbiz.de/10010733589