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The Purpose Of This Book Is To Bring Together For The First Time A Description, With Examples, Of The Main Methods Used In Microsimulation Modelling, Used In The Field Of Income-distribution Analysis. The Book Provides A Practical Complement To The Handbook Of Microsimulation Modelling, Published In 2014. It Is Structured To Develop And Use The Different Types Of Models Used In The Field, With A Focus On Household-targeted Policy. The Book Aims To Fill A Gap In The Literature In Providing A Greater Degree Of Codified Knowledge Through A Practical Guide To Developing And Using Microsimulation Models. At Present, The Training Of Researchers And Analysts That Use And Develop Microsimulation Modelling Is Done On A Relatively Ad-hoc Basis Through Occasional Training Programmes And Lecture Series, Built Around Lecture Notes. This Book Would Enable A More Formalized And Organized Approach. Each Chapter Addresses A Separate Modelling Approach In A Similar, Consistent Way, Describing In Practical Terms The Key Methodological Skills For Each Approach: · It Provides Some Policy Context To Each Modelling Approach So As To Understand The Modelling Choices Made And Structures Developed. · As A Very Data-intensive Modelling Approach, Each Chapter Describes Key Data Analysis And Data-preparation Methods. · As A Modelling Approach That Is Used Extensively For Deciding Policy, Often Involving Huge Budgets, Validation Is Key. Each Chapter Describes An Approach To Validating The Model. · Depending Upon The Policy Context, The Analysis Is Assessed In Different Ways. Each Chapter Contains A Section Devoted To Measurement Issues And Tabulating Output From The Models. · Last, Each Chapter Contains An Example Simulation Of A Policy Analysis Using The Chapter's Methodological Approach
This book investigates the practical methodologies and technical frameworks required to develop and implement microsimulation models for income-distribution analysis. Cathal O'Donoghue, an expert in the field, provides a structured guide to bridge the gap between theoretical knowledge and applied policy analysis. By standardizing the approach to model development, the text serves as a formal resource for researchers and analysts tasked with evaluating household-targeted policies.
What You Will Find
Scope Limits
Experts recognize this work as a necessary formalization of training for analysts who previously relied on ad-hoc lecture notes. Readers frequently highlight the consistent structure of the chapters as a helpful tool for navigating complex technical requirements in policy modeling.
Page Count:
320
Publication Date:
2021-01-01
ISBN-10:
0192594338
ISBN-13:
9780192594334