Microsimulation allows to apply a set of deterministic or stochastic rules on a sample of micro-unit such as individuals, households, .rms or institutions. A Dynamic Microsimulation Model (DMM) contains a set of rules aiming at projecting the likely socio-economic evolution of a representative...

This paper estimates the future characteristics of the long-term disabled in Italy and the evolution of total public expenditure for long-term care. The future dynamics of ltc expenditure in Italy is of particular relevance for two reasons: the limited and insufficient level of public...

In this paper we use CAPP_DYN, a population based dynamic microsimulation model to simulate the Italian employed population during the period 2005-2050. We find that the more interesting changes will affect the composition rather than the level of the employed population. We investigate main...

In microsimulation literature a limited number of models are provided with a module aimed at analyzing and projecting the evolution of private wealth over time. However, this issue appears crucial in order to get a comprehensive evaluation of the likely distributional effects of institutional...

This paper describes income distribution among workers in Italy using both the cross-sectional and panel component of IT-SILC. We highlight advantages and drawbacks of different econometric approaches, comparing standard OLS estimates with those obtained from Random Effects and Poisson Maximum...

The empirical analysis carried out in this paper represents the basis for the construction of the labour market module in the dynamic microsimulation model CAPP_DYN. Using LFS longitudinal data for the period 1993-2007, we describe the recent trends on the Italian labour market and provide an...