the taxation policy affects asymmetric equilibrium based on a simulation analysis using an overlapping generations model …

In practical applications of micro simulation models very little is usually known about the properties of the simulated … values. This paper argues that we need to apply the same rigorous standards for inference in micro simulation work as in … scientific work generally. If not, then micro simulation models will loose in credibility. The paper first discusses how the …

Micro simulation involves modeling the behavior of individuals and other decision units taking into account the effects … entire distribution of target variables. Micro simulation models have thus, for instance, been used to analyze how changes in … the income taxes influence the tails of the income distribution (the incidence of poverty). Micro simulation complements a …