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Alignment is a widely adopted technique in the field of microsimulation for social and economic policy research. However, limited research has been devoted to understanding the statistical properties of the various alignment algorithms currently in use. This paper discusses and evaluates six...
Persistent link: https://www.econbiz.de/10011152412
Most existing microsimulation models have been developed by separate (teams of) researchers. The drawback of each team working on its own is that they have to put a lot of time and effort in the customary development of fairly general simulation tools. Hence, economies of scale cannot be...
Persistent link: https://www.econbiz.de/10011152419
In this paper, we survey the use of nowcasting methods in Microsimulation models. These nowcasting methods differ in a number of respects to the more established methods of forecasting. The main distinction is that while forecasting extrapolates from current data to estimate the future, the...
Persistent link: https://www.econbiz.de/10011158405