Methods and Tools for the Microsimulation and Forecasting of Household Expenditure

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.