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Author: Frank W. van Tongeren
Publisher: Springer Science & Business Media
ISBN: 3642520685
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
My interest in microsimulation started to develop when I was exposed to the works of Guy Orcutt and his associates on microsimulation of households in the USA, and those of Gunnar Eliasson and his associates on simulatio~ of Swedish firms. Their approaches promised the exciting possibility to represent an by simulating the behaviour of individual microeconomic entire economic system units on a computer. The construction of a large scale microsimulation model seemed to be a worthwhile adventure which could yield much more detailed results than existing models. It was also evident that microsimulation of firms is a relatively underdeveloped area, in spite of the large number of operational microsimulation models of households in the USA and Europe. Developing the computer implementation has been an integral part of the research. Translating initially vague ideas into mathematical formulae and subsequently into a structured computer language provides a testing ground for 10Bical consistency of ideas. When writing this book I have purposefully abstained from describing the computer program and dedicated solution algorithms. The reason is that the book is primarily directed towards readers interested in economics and therefore uses the language of economics and not that of computer science. The simulation model has been programmed for the personal computer in Turbo Pascal. Sophisticated memory management techniques have lifted constraints on the number of firms which can be simulated on the PC.
Author: Frank W. van Tongeren
Publisher: Springer Science & Business Media
ISBN: 3642520685
Category : Business & Economics
Languages : en
Pages : 288
Get Book Here
Book Description
My interest in microsimulation started to develop when I was exposed to the works of Guy Orcutt and his associates on microsimulation of households in the USA, and those of Gunnar Eliasson and his associates on simulatio~ of Swedish firms. Their approaches promised the exciting possibility to represent an by simulating the behaviour of individual microeconomic entire economic system units on a computer. The construction of a large scale microsimulation model seemed to be a worthwhile adventure which could yield much more detailed results than existing models. It was also evident that microsimulation of firms is a relatively underdeveloped area, in spite of the large number of operational microsimulation models of households in the USA and Europe. Developing the computer implementation has been an integral part of the research. Translating initially vague ideas into mathematical formulae and subsequently into a structured computer language provides a testing ground for 10Bical consistency of ideas. When writing this book I have purposefully abstained from describing the computer program and dedicated solution algorithms. The reason is that the book is primarily directed towards readers interested in economics and therefore uses the language of economics and not that of computer science. The simulation model has been programmed for the personal computer in Turbo Pascal. Sophisticated memory management techniques have lifted constraints on the number of firms which can be simulated on the PC.
Author: Lavinia Mitton
Publisher: Cambridge University Press
ISBN: 9780521790062
Category : Business & Economics
Languages : en
Pages : 360
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Book Description
Applications and methods of state of the art microsimulation modelling.
Author: Cathal O'Donoghue
Publisher: Emerald Group Publishing
ISBN: 1783505702
Category : Business & Economics
Languages : en
Pages : 563
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Book Description
Microsimulation Modelling involves the application of simulation methods to micro data for the purposes of evaluating the effectiveness and improving the design of public policy. The field has been applied to many different policies within both government and academia. This handbook describes and discusses the main issues within the field.
Author: Amedeo Spadaro
Publisher: Fundacion BBVA
ISBN: 8496515176
Category : Economic policy
Languages : en
Pages : 359
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Book Description
Los desarrollos en el ámbito de la investigación sobre la evaluación de políticas públicas están experimentando actualmente un gran avance. En este contexto, las técnicas de microsimulación -basadas en la representación del comportamiento de los individuos frente a cambios reales o hipotéticos en su entorno económico e institucional- han adquirido particular relevancia por su capacidad para evaluar a priori diferentes escenarios y facilitar la toma de decisiones. Las técnicas de simulación se realizan con modelos de absoluta precisión y exactitud que permiten estudiar y predecir el impacto y los efectos de una política sobre una muestra de individuos, familias o empresas representativa de la población total. Este libro presenta la microsimulación como técnica de evaluación de las políticas públicas, al mismo tiempo que propone una revisión razonada de los recientes avances. Una conclusión común es que, gracias a un modelo de microsimulación, es posible identificar la mejor política de redistribución posible (en el sentido de maximizar una determinada función de bienestar social). De manera general, mediante el uso de esta técnica es posible hacer complementarios los enfoques macro de equilibrio económico general y micro de simulación de los comportamientos individuales. La presente publicación ofrece una herramienta de referencia a investigadores, académicos, políticos y analistas.
Author: Robin Lovelace
Publisher: CRC Press
ISBN: 131536316X
Category : Computers
Languages : en
Pages : 282
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Book Description
Generate and Analyze Multi-Level Data Spatial microsimulation involves the generation, analysis, and modeling of individual-level data allocated to geographical zones. Spatial Microsimulation with R is the first practical book to illustrate this approach in a modern statistical programming language. Get Insight into Complex BehaviorsThe book progresses from the principles underlying population synthesis toward more complex issues such as household allocation and using the results of spatial microsimulation for agent-based modeling. This equips you with the skills needed to apply the techniques to real-world situations. The book demonstrates methods for population synthesis by combining individual and geographically aggregated datasets using the recent R packages ipfp and mipfp. This approach represents the "best of both worlds" in terms of spatial resolution and person-level detail, overcoming issues of data confidentiality and reproducibility. Implement the Methods on Your Own DataFull of reproducible examples using code and data, the book is suitable for students and applied researchers in health, economics, transport, geography, and other fields that require individual-level data allocated to small geographic zones. By explaining how to use tools for modeling phenomena that vary over space, the book enhances your knowledge of complex systems and empowers you to provide evidence-based policy guidance.
Author: Federico Perali
Publisher: Springer
ISBN: 3319585339
Category : Business & Economics
Languages : en
Pages : 343
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Book Description
This book covers some important topics in the construction of computable general equilibrium (CGE) models and examines use of these models for the analysis of economic policies, their properties, and their implications. Readers will find explanation and discussion of the theoretical structure and practical application of several model typologies, including dynamic, stochastic, micro-macro, and simulation models, as well as different closure rules and policy experiments. The presentation of applications to various country and problem-specific case studies serves to provide an informed and clearly articulated summary of the state of the art and the most important methodological advancements in the field of policy modeling within the framework of general equilibrium analysis. The book is an outcome of a recent workshop of the Italian Development Economists Association attended by a group of leading practitioners involved in the generation of CGE models and research on modeling the economy and policy making. It will be of interest to researchers, professional economists, graduate students, and knowledgeable policy makers.
Author: Sönke Hartmann
Publisher: Springer Science & Business Media
ISBN: 3642586279
Category : Business & Economics
Languages : en
Pages : 223
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Book Description
Approaches to project scheduling under resource constraints are discussed in this book. After an overview of different models, it deals with exact and heuristic scheduling algorithms. The focus is on the development of new algorithms. Computational experiments demonstrate the efficiency of the new heuristics. Finally, it is shown how the models and methods discussed here can be applied to projects in research and development as well as market research.
Author: Leopold von Thadden
Publisher: Springer Science & Business Media
ISBN: 3642585566
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
This book is a slightly revised version of my doctoral thesis which I wrote during my time as an assistant at the Faculty of Economics of the University of Magdeburg. I am grateful that I had the opportunity to write my the sis in the stimulating atmosphere of this young and lively faculty. lowe a great amount of gratitude to my supervisor Prof. G. Schwodiauer who con stantly encouraged my work and helped to improve it in many discussions. I also would like to thank Prof. K-H. Paque and Prof. P. Flaschel who, as members of my doctoral committee, commented on various details of this study in a very constructive manner. At various stages of my work I received helpful comments from many colleagues of mine, in particular T. Konig and A. Wohrmann. However, it goes without saying that I retain full responsi bility for all remaining errors. Contents Introduction 1 I Money, inflation, and capital formation in the long run: general remarks 5 1 Summary of the literature: theoretical aspects 7 2 Summary of the literature: empirical aspects 19 3 Further reflections on money 29 II Money, inflation, and capital formation: the perspective of overlapping generations models 43 4 The Diamond model with money as single outside asset 45 4. 1 The model. . . . . . . . 46 4. 2 Equilibrium conditions. 51 4. 3 Policy effects 58 4. 4 Discussion. 61 4. 5 Appendix . 63 5 Variation 1: Imperfect credit markets and asymmetric information 65 5. 1 The model. . . . . . . .
Author: Ulrich Schwalbe
Publisher: Springer Science & Business Media
ISBN: 3642584772
Category : Business & Economics
Languages : en
Pages : 151
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Book Description
and should therefore constitute a part of every area of economic 3 theory. The spectrum covered by information economics today ranges from Stigler's search theory4 to industrial economics, including oligopoly theory, innovation, as well as research and develop 5 ment. However, the area information economics is most closely connected with is the theory of optimal contracts, mainly ana 6 lyzed in principal-agent models. Contract theory deals primar ily with the question of how optimal arrangements (contracts) for the purchase and sale of commodities and services between two or more agents should be structured. In these models, it is often assumed that the parties to the contract are informed differently or asymmetrically about relevant variables (e. g. the health of one party in the case of insurance contracts, or the effort in relation to employment contracts). As a result of this asymmetric in formation, phenomena such as moral hazard, adverse selection, signaling, and screening may arise. Frequently, results from con tract theory are referred to when making statements about the effects of asymmetric information on an economy. Models of this kind are often used to explain phenomena such as fixed wages or unemployment, among others. 7 However, such conclusions must be treated with caution for two reasons. In the first place, in these models, a contract (explicit or implicit) is determined by the solution of an optimization prob lem.
Author: Roland Demmel
Publisher: Springer Science & Business Media
ISBN: 3642585957
Category : Business & Economics
Languages : en
Pages : 284
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Book Description
The introduction of the thesis consists of four parts: first, we motivate our chosen macroeconomic setting by looking at some real world phenomena. For a better understanding of these phenomena, we argue that the mutual dynamic interactions between flScal policy and financial markets need to be closely examined in a macroeconomic framework. Second, we review different strands of the economic literature in order to show that most of the literature has so far exclusively concentrated either on fmancial market dynamics or on flScal policy issues. We conclude that a more integrated model setting is called for in order to explain the dynamic interactions observed in reality. Third, we discuss at length the economic assumptions underlying our model. This avoids multiple repetition later on. Finally, we outline the structure of the thesis and the objectives we pursue in the different chapters. 1. 1 Motivation Fiscal policy and financial market reactions are increasingly receiving world wide attention. The most recent examples are the Maastricht criteria about flScal control, the South-East Asia financial crisis and the resulting IMF policy stance, the high level of public debt in developed and developing countries and the effect on interest rates and economic growth. In contrast to the still underdeveloped theoretical literature on these dynamic links, finding empirical evidence that supports the existence of these links is not a very hard task.
