Behavioural Microsimulation with Labour Supply Responses
综述了行为微观模拟的最新进展，讨论了劳动力供给模型的选择标准、固定成本与偏好异质性的处理、非线性预算约束的估计方法，以及如何将随机项纳入政策冲击的行为反应模拟。
This paper provides a technical survey of recent developments in behavioural microsimulation. We discuss the criteria by which models of labour supply may be chosen for application to behavioural microsimulation, and consider how such models may be augmented to control for fixed costs, child–related work costs, preference heterogeneity and endogeneity in wages. We describe methods by which non–linear budget constraints may be accommodated in estimation, policy simulations and welfare analysis, and discuss how stochastic terms may be factored into the simulation of behavioural responses to a policy shock.