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


Ontology type: schema:Chapter      Open Access: True


Chapter Info

DATE

2017-10-06

AUTHORS

Jann Lay

ABSTRACT

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. More... »

PAGES

117-136

Book

TITLE

Development Policies and Policy Processes in Africa

ISBN

978-3-319-60713-9
978-3-319-60714-6

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-3-319-60714-6_6

DOI

http://dx.doi.org/10.1007/978-3-319-60714-6_6

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1092100243


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