We are developing a comparative open-source dynamic microsimulation model for policy analysis projecting the future care demand and supply consistent with the National Transfer Accounting (NTA) and National Time Transfer Accounting (NTTA) framework. The application of the model is devoted to study the impact of socio-demographic change on the various care regimes and the simulation of what-if scenarios and the implications of alternative policy options.
Stakeholders’ groups: research community, policy makers and working groups at all levels of government providing social policies, private forms and insurance sector, civil society organization, EU & international networks.
Expected outcomes: Dynamic comparative microsimulation model applied for 2 countries and extendable to EU countries by means of the online open-source platform. The model allows to study transfer flows from three-fold perspective: (1) between population groups, (2) over the life-course, and (3) between cohorts. It allows comparing life-time measures of care received and provided by gender, education group, and parental obligations.
Results or expected benefits of the product: This model foresee the circumstances for individual people, allowing policy makers an assessment of summary statistics that disaggregate by individual specific characteristics, and the evaluation of summary measures of inequality. This can be contrasted with methods that focus on broad population aggregates, which are often used to evaluate cross-sectional incidence rates for care and associated budgetary projections.
Evaluation process/participants’ feedback: online consultation and hands-on workshops.
Name of organiser(s)/lead(s) and their affiliation(s)
Martin Spieulauer & Thomas Horvath (Austrian Institute of Economic Research, WIFO) Concepció Patxot (UB)