Arbeitspapier
Statistical Inference in Micro Simulation Models: Incorporating external information
In practical applications of micro simulation models very little is usually known about the properties of the simulated values. This paper argues that we need to apply the same rigorous standards for inference in micro simulation work as in scientific work generally. If not, then micro simulation models will loose in credibility. The paper first discusses how the structure of the model will determine inference and then follow sections on estimation and validation. Differences between inference in static and dynamic models are noted and then the paper focuses on the estimation of behavioral parameters. There are three themes: calibration viewed as estimation subject to external constraints, piece meal vs. system-wide estimation, and simulation based estimation.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 1998:20
- Klassifikation
-
Wirtschaft
Model Construction and Estimation
Model Evaluation, Validation, and Selection
- Thema
-
Micro simulation
Alignment
Calibration
System-wide estimation
Simulation-based estimation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Klevmarken, N. Anders
- Ereignis
-
Veröffentlichung
- (wer)
-
Uppsala University, Department of Economics
- (wo)
-
Uppsala
- (wann)
-
1998
- Handle
- URN
-
urn:nbn:se:uu:diva-2430
- Letzte Aktualisierung
- 10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Klevmarken, N. Anders
- Uppsala University, Department of Economics
Entstanden
- 1998
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