Constructing a base dataset is one of the most important elements in the dynamic microsimulation modelling. However, the access to a long historical panel is usually restricted for many reasons. This paper aims to develop a back simulation method that has the potential to generate a consistent...

More than 10 years ago O’Donoghue (2001a) surveyed the dynamic microsimulation models that had been developed up to that point. However many of the barriers mentioned have been gradually overcome in the last decade . This paper surveys the development and practices in dynamic microsimulation...