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Improving Information for Social Policy Decisions -- The Uses of Microsimulation Modeling Volume II, Technical Papers (1991) / Chapter Skim
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Pages 281-282

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From page 281...
... has pointed out: The participation adjustments of all microsimulation models are really the core of the model's credibility.... Further, to the extent that participation functions are up-to-date and can account for changes in policy variables (like the benefit level)
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From page 282...
... In terms of policy relevance, the importance of various outputs will vary depending on the programs under consideration; the quality of the input data; and the economic, social, and demographic dynamics of the period in question. For this reason it is not meaningful to declare a specific loss function resulting from the choice and weighting of outputs as a method for scoring microsimulation models over situations.
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Key Terms

  • comparison values
  • food stamp
  • microsimulation models
  • simulation models
  • urban institute

  • microsimulation model
  • participation function
  • benefit level
  • control totals
  • input data

  • baseline file
  • participation functions
  • baseline files
  • policy change
  • simulation model


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