Dynamic Microsimulation for Public Policy Analysis
Jinjing Li, Maastricht Graduate School of Governance
This dissertation studies an increasingly important policy modelling tool: dynamic microsimulation. Dynamic microsimulation can be used to forecast lifetime social economic profiles of every individual in a society and analyses how these interact with public policies. The research shows that, with the help of a microsimulation model, it is possible to reconstruct individual career path using limited available data. In addition, this dissertation improves the accuracies in simulating individual employment options and the timing of retirement. The study also analyses how microsimulation results are affected when combined with certain macro projections. These methodological improvements in microsimulation may help researchers and policymakers to explore intended and unintended effects of public policies with greater details and accuracies, even before these policies are implemented.
Venue: Minderbroedersberg 4-6, Maastricht
Date: 22 December 2011
Time: 14:00 - 15:30