Linking CGE and Microsimulation Models : a Comparison of Different Approaches


Colombo, Giulia


[img]
Preview
PDF
dp08054.pdf - Published

Download (590kB)

URL: http://ub-madoc.bib.uni-mannheim.de/2086
URN: urn:nbn:de:bsz:180-madoc-20862
Document Type: Working paper
Year of publication: 2008
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: D31 C68 C15 C35 ,
Subject headings (SWD): Mikrosimulation , Wirtschaftsreform , Inzidenz <Wirtschaft>
Keywords (English): CGE models , microsimulation , income distribution
Abstract: In the paper we describe in detail how to build linked CGE-microsimulation models (using fictitious data) following three main approaches: one in accordance with the fully integrated approach and the other two according to the layered approach – the so-called Top-Down and Top-Down/Bottom-Up approaches. After this, we implement the same policy reform in each of the three models. Results show that all three approaches yield different results especially in terms of income distribution and poverty, although analysed within the same economy and under the same policy simulation. We then analyse in more detail the TD/BU approach as developed by Savard (2003) and, in order to avoid possible deviations due to data inconsistencies, we propose an alternative way of taking into account feedback effects from the micro level of analysis into the CGE model.
Additional information:

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




+ Citation Example and Export

Colombo, Giulia (2008) Linking CGE and Microsimulation Models : a Comparison of Different Approaches. Open Access [Working paper]
[img]
Preview


+ Search Authors in

+ Download Statistics

Downloads per month over past year

View more statistics



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item