This handbook explains the simulation model IFSIM. IFSIM is an agent based simulation model written in JAVA. The model is constructed for analyzing demographic and economic issues. The aim of the model is to include the main consumption and production patterns over the life-cycle and thus being...

The poverty outcome in old age is affected by labour market reforms. Using our in house agent based simulation model IFSIM we show that sharing equally the parental leave can increase or reduce poverty among the elderly depending on the macro and behavioural responses that the Reform off-sets....