Practical Microsimulation Modelling

Purpose of the Book

The purpose of this book is to bring together, for the first time, a description and examples of the main methods used in microsimulation modelling used in the field of income distribution analysis. It is structured to develop and use the different types of models used in the field, with a focus on household targeted policy.

Goals and Practical Focus

The book aims to provide a greater degree of codified knowledge by providing a practical guide to developing and using microsimulation models.

Current Training Context

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.

Advantages of Practical Microsimulation Modelling

Practical Microsimulation Modelling enables a more formalised and organised approach. Each chapter addresses a separate modelling approach in a similar consistent way, describing in a practical way the key methodological skills for each approach.