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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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... to two important functions of models that simulate income support programs such as AFDC and food stamps: the routines to simulate the participation decision and the routines to convert annual to monthly values. In Chapter 4 Ross compares and contrasts two major dynamic models DYNASIM2 and PRISM (see below)
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Key Terms

  • labor force
  • support programs
  • food stamp
  • income support
  • microsimulation models

  • statistics canada
  • variance estimate
  • simulation models
  • food stamps
  • microsimulation model

  • static models
  • dynamic models
  • computing environment
  • model validation
  • simulation model

  • transition probabilities


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