Practical microsimulation modelling / Cathal O'Donoghue.

"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, publis...

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Bibliographic Details
Main Author: O'Donoghue, Cathal (Author)
Format: eBook
Language:English
Published: Oxford : Oxford University Press, 2021.
Edition:First edition.
Series:Practical econometrics.
Subjects:
Online Access:Click for online access

MARC

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245 1 0 |a Practical microsimulation modelling /  |c Cathal O'Donoghue. 
250 |a First edition. 
264 1 |a Oxford :  |b Oxford University Press,  |c 2021. 
264 4 |c ©2021 
300 |a 1 online resource (320 pages) :  |b illustrations, maps, charts 
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490 1 |a Practical econometrics 
500 |a This edition also issued in print: 2021. 
504 |a Includes bibliographical references and index. 
520 |a "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"--Publisher's description. 
521 |a Specialized. 
588 |a Description based on online resource; title from PDF title page (Oxford Scholarship Online, viewed on March 11, 2022). 
650 0 |a Econometric models. 
650 0 |a Income distribution  |x Mathematical models. 
650 0 |a Statistical matching. 
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650 7 |a Econometric models  |2 fast 
650 7 |a Statistical matching  |2 fast 
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