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Improving Information for Social Policy Decisions -- The Uses of Microsimulation Modeling Volume I, Review and Recommendations (1991) / Chapter Skim
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Part II The Role of Microsimulation as a Policy Analysis Tool
Pages 97-100

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From page 97...
... They further asked us to evaluate the role played by microsimulation models in the legislative debates of the past and to consider advances in databases, research knowledge, computing technology, and statistical evaluation methods that could improve the ability of microsimulation models to support the legislative debates in the future. We address some of the questions about the historical role of microsimulation modeling in our review of the policy process in Part I
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From page 98...
... We first describe the components and operational steps involved in microsimulation, briefly review the important stages in the development of microsimulation models for policy analysis both in the United States and in other countries, and present our general findings about the utility of the microsimulation approach (Chapter 4~. In the remainder of Part II we address in detail the critical issues in microsimulation models: databases (Chapter 5~; design principles and practices, and possible expansions in model capabilities (Chapter 6~; computing environments for models (Chapter 7~; special problems in health care, retirement
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From page 99...
... Hence, despite obtaining much helpful information and ideas from knowledgeable people in the microsimulation and research communities, we cannot responsibly support specific recommendations about the priority of adding this or that capability or making this or that design change to microsimulation models. We also do not provide recommendations directed to specific models, due both to the paucity of validation studies and to our belief that a broad-based assessment of microsimulation modeling is more important than a detailed evaluation of any particular model.
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Key Terms

  • microsimulation modeling
  • microsimulation models
  • tax policy
  • income support
  • analysis agencies

  • static models
  • legislative debates
  • policy process
  • model development
  • model capabilities

  • issues specific
  • despite obtaining
  • household income
  • computing environments
  • added behavioral

  • microsimulation approach
  • associated measures
  • micro analysis
  • adequate resources
  • income model

  • transfer income
  • technical terms
  • consider advances
  • desirable changes
  • modeling issues

  • historical role
  • design principles
  • support programs
  • systematic evaluation
  • policy impact


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