Micro-econometric and Micro-Macro Linked Models: Sequential Macro-Micro Modelling with Behavioral Microsimulations

Collection article | Sammelwerksbeitrag

Analyzing the poverty and distributional impact of macro events requires understanding how shocks or policy changes on the macro level affect household income and consumption. It is clear that this poses a formidable task, which of course raises the question of the appropriate methodology to address such questions. This paper presents one possible approach: A sequential methodology that combines a macroeconomic model with a behavioral micro-simulation. We discuss the merits and shortcomings of this approach with a focus on developing country applications with a short to medium run time horizon. - This chapter is a re-print of: Lay, J. (2010). Sequential macro-micro modelling with behavioural microsimulations. International Journal of Microsimulation, 3(1), 24-34.

Object Details

• ISBN: 978-3-319-60714-6
• Extent: Seite(n): 117-136
• Language: Englisch
• Notes: Status: Veröffentlichungsversion; begutachtet (peer reviewed)

References and Relationships

• Bibliographic citation: Development Policies and Policy Processes in Africa: Modeling and Evaluation; Advances in African Economic, Social and Political Development

Classification and Topics

• Subject: Wirtschaft ; Wirtschaftsstatistik, Ökonometrie, Wirtschaftsinformatik ; Allgemeines, spezielle Theorien und Schulen, Methoden, Entwicklung und Geschichte der Wirtschaftswissenschaften ; Theorie ; Makroökonomie ; Armut ; Ökonometrie ; Simulation ; Entwicklungsland ; Methodik ; Wirtschaft ; Mikroökonomie ; Einkommensverteilung

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Lay, Jann
• Event: Herstellung
• (who): Henning, Christian ; Badiane, Ousmane ; Krampe, Eva
• Event: Veröffentlichung
• (who): Springer
• (where): Schweiz, Cham
• (when): 2018

Further information

• DOI: https://doi.org/10.1007/978-3-319-60714-6_6
• URN: urn:nbn:de:0168-ssoar-56785-6
• Rights: GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
• Last update: 21.06.2024, 4:26 PM CEST