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More than 10 years ago O'Donoghue (2001) surveyed the dynamic microsimulation models that had been developed up to that point. However the 2000's have seen many of the barriers that existed for model development up until that point overcome. This paper surveys the development and practices in...
Persistent link: https://www.econbiz.de/10010856450
The economic reality of the 1990s in Europe forced the labour markets to become more flexible. Using a consistent comparative dataset for 14 European countries, the European Community Household Panel (ECHP), we explore the evolution and the cross-national differences in earnings mobility across...
Persistent link: https://www.econbiz.de/10010712057
The concerns regarding the economic insecurity stemming from earnings instability have been gaining momentum in the contemporary political discourse. If earnings instability is as a proxy for risk, for risk-averse individuals, increasing earnings instability bears substantial welfare costs....
Persistent link: https://www.econbiz.de/10010712144
Using a fully harmonized panel dataset across 14 European countries between the early- 1990s and 2001, the European Community Household Panel, we fill a gap in the literature with a cross-national comparative study which explores the trends in persistent inequality and transitory inequality...
Persistent link: https://www.econbiz.de/10010712164
Alignment is a widely adopted technique in the field of microsimulation for social and economic policy research. However, limited research has been devoted to the understanding of their simulation properties. This paper discusses and evaluates six common alignment algorithms used in the dynamic...
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