Methods and Tools for the Microsimulation and Forecasting of Household Expenditure

Tony Lawson

Research output: Working paper

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Abstract

This paper reviews potential methods and tools for the microsimulation and
forecasting of household expenditure. It begins with a discussion of a range of
approaches to the forecasting of household populations via agent-based modelling
tools. Then it evaluates approaches to the modelling of household expenditure. A
prototype implementation is described and the paper concludes with an outline of an approach to be pursued in future work.
Original languageEnglish
Place of PublicationColchester
Number of pages26
Publication statusPublished - 2008

Keywords

  • microsimulation
  • NetLogo
  • household expenditure
  • household populations
  • agent-based modelling tools

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