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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 122-122

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From page 122...
... Lewin/ICF added a significant policy analytic capability to PRISM in 1986, when it developed, in a joint effort with the Brookings Institution, a submodel to simulate the future utilization and financing of long-term care for the elderly. Like DYNASIM2, PRISM creates synthetic longitudinal histories of demographic and labor force events and devotes significant effort to modeling the development of retirement income sources, including social security, pensions, and assets, over time.
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Key Terms

  • labor force
  • simulation models
  • force events
  • mainframe computer
  • longitudinal histories

  • security administration
  • retirement income
  • dynamic models
  • simulation model
  • dynamic simulation


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