Book cover for Dynamics of Inequality and Poverty
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Research on Economic Inequality
Dynamics of Inequality and Poverty
Edited by
John Creedy
John Creedy
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Guyonne Kalb
Guyonne Kalb
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Author and Other Information
Emerald Group Publishing Limited
Volume
13
DOI:
https://doi.org/10.1016/S1049-2585(2006)13
ISBN electronic:
978-1-84950-445-4
ISBN print:
978-0-76231-350-1
Series ISSN:
1049-2585
Publication date:
2006
Book Chapter

Simulating Cohort Labour Earnings for Australia

By
Justin van de Ven
Justin van de Ven
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Author and Other Information
Justin van de Ven
© Emerald Group Publishing Limited
2006
Doi:
https://doi.org/10.1016/S1049-2585(06)13003-3
  • Published:
    2006
© Emerald Group Publishing Limited
2006

A dynamic microsimulation model of cohort labour earnings based on the Australian population aged between 20 and 55 years is described. Care has been taken to specify the model, subject to the limited data that were available for estimation. Despite the restrictive specifications used, the model closely reflects the data used for calibration, and is shown to bear a close relation to alternatives considered by the literature.

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