The microWELT-US microsimulation model for projections of the US labour force participation accounting for education and health. Technical report.

Autor/inn/en	Amann, Johannes; Böheim, René; Horvath, Gerard Thomas; Leoni, Thomas; Spielauer, Martin
Sonst. Personen	Weingärtner, Stefan (Mitarb.)
Institution	Österreichisches Institut für Wirtschaftsforschung; National Bureau of Economic Research
Titel	The microWELT-US microsimulation model for projections of the US labour force participation accounting for education and health. Technical report.
Quelle	Wien: WIFO, Austrian Institute of Economic Research (2021), II, 24 Bl.Verfügbarkeit
Beigaben	Illustrationen
Sprache	englisch
Dokumenttyp	gedruckt; Monographie; Graue Literatur
Schlagwörter	Gesundheitswesen; Arbeitskräfteangebot; Simulation; Deutschland; Frankreich; Spanien; USA
Abstract	This technical report presents the dynamic microsimulation model microWELT-US developed for US labour force projections accounting for education and health. microWELT-US is the adaptation of an existing microsimulation model for Europe. The microsimulation model supports a comparative analysis of the effect of socio-demographic change on future labour force participation. The model is a continuous time, competing risk, interacting population model supporting alignment to existing population projections. The model is built on the microWELT modelling platform implemented in Modgen, a freely available programming technology developed and maintained at Statistics Canada. The model has a graphical user interface allowing the editing of parameters, scenario creation, and exploration of simulation results. This report gives an overview of the model architecture, model parameters, the base scenario, and key simulation results comparing the USA to Germany, France, and Spain.
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2022/3