Microsimulation CGE Modeling
By the end of the course the participants will have acquired detailed knowledge of and extensive hands-on experience in:
- Data preparation and matching of survey data
- Micro and macro data reconciliation:
- Balancing social accounting matrices and survey data using cross entropy distance
- Representative household approach in microsimulation
- Top down/bottom up approach in microsimulation
- Integrated approaches in microsimulation
- Sequential recalibration
- Building linkages with micro data sets
- Microsimulation and income distribution analysis
- Calibration of the integrated microsimulation model
- Implementation of the models in GAMS
- formulating scenarios and running policy simulations,
- reporting and interpreting the results.