In the microsimulation literature, it is still uncommon to test the statistical significance of results. In this paper we argue that this situation is both undesirable and unnecessary. Provided the parameters used in the microsimulation are exogenous, as is often the case in static...

This presentation discusses how such integrated approach using shared demographic and macroeconomic assumptions has been developed in Belgium. It describes the dynamic microsimulation model MIDAS, highlighting how it aligns to the simulation results of the semi-aggregate model MALTESE. The...

This contribution provides à long term assessment of the first-pillar pension?s adequacy in Belgium. During the decades to come, the risk of financial poverty of the elderly would decrease considerably. This would mainly be the result of the increased labour participation rate of women, and an...

In the microsimulation literature, it is still uncommon to test the statistical significance of results. In this paper we argue that this situation is both undesirable and unnecessary. Provided the parameters used in the microsimulation are exogenous, as is often the case in static...

In the microsimulation literature, it is still uncommon to test the statistical significance of results. In this note we argue that this situation is both undesirable and unnecessary. Provided the parameters used in the microsimulation are exogenous, as is often the case in static...

This paper develops a dynamic microsimulation model with static ageing to assess the consequences of the assumptions and hypothesis of the Federal Planning Bureau on the prospective adequacy of pensions. A less technical and shorter version of this text was published as Gijs Dekkers, 2000,...

Possible future trends in the development of pension adequacy are usually simulated using dynamic microsimulation models. These models are very complex and include many different processes. This, and the many individual interactions, makes it difficult to see which procedures and relations...