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Everything about Policy Simulation Model
The Policy Simulation Model (PSM) is a static microsimulation model which encapsulates the tax and benefits system, and population, of Great Britain. It is based on survey data from the Family Resources Survey (FRS) which is uprated to simulate the current year, together with several years into the future through a process of static uprating. The uprating process covers a complex range of processes, ranging from simple numerical uprating of financial values, to modelling the draw-down of old benefits through to the implications of the rising state pension age. Wikipedia →
🧭 Start here: a 6-step reading path
- Read the overview: Policy Simulation ModelA 5-minute orientation
- Skim a recent paper: Policy options for broadband infrastructure strategies: A simulation model for affordable universal broadband in AfricaInfluential work since 2022
- Pick up a classic book: Climate policy assessmentThe most-reprinted book on the subject
- Read the landmark paper: Group model building: problem structuring, policy simulation and decision supportCited 237 times
- Go sideways: Universal CreditA closely related topic
- Go sideways: Family Resources SurveyA closely related topic
📖 Definitions
No dictionary entry for this exact phrase.
🗂️ The subject at a glance
No outline available.
🏆 Landmark papers (most cited)
Group model building: problem structuring, policy simulation and decision support
Green transformation of the building industry and the government policy effects: Policy simulation based on the DSGE model
Agent-Based Simulation Model for Evaluating Urban Freight Policy to E-Commerce
The Employment Sector of a Regional Policy Simulation Model
Structural Modeling and Policy Simulation
From simulation model to public policy
Research on promotion incentive policy and mechanism simulation model of energy storage technology
The Kentucky SimSmoke Tobacco Policy Simulation Model: Reaching Healthy People 2010 Goals Through Policy Change
🆕 Influential since 2022
Policy options for broadband infrastructure strategies: A simulation model for affordable universal broadband in Africa
A simulation model of climate policy analysis for sustainable environment in Pakistan
Computational model for policy simulation and prediction of the regulatory impact of front-of-package food labels
A hybrid system dynamics model for power mix trajectory simulation in liberalized electricity markets considering carbon and capacity policy
Energy prices, inflation, and distribution: A simulation model and policy analysis for Italy
📚 Books worth reading
Climate policy assessmentMikiko Kainuma, Yuzuru Matsuoka · 2002
Informing Energy and Climate Policies Using Energy Systems ModelsGeorge Giannakidis, Maryse Labriet · 2015
Intelligent Energy Demand ForecastingWei-Chiang Hong · 2013- 📕Modelling economic systemsAlan Gully · 1996
- 📕Handbook of Microsimulation ModellingCathal O'Donoghue, Badi H. Baltagi · 2014
Agent-Based Approaches in Economic and Social Complex Systems VIIIYutaka Nakai, Yuhsuke Koyama · 2015- 📕A simulation model for long-term policy formation in Papua New GuineaAndrew Leslie Elek · 1976
Energy policy evaluationWorkshop on Modeling and Simulation for Energy Policy Evaluation San Diego, Calif. 1973. · 1974
Ranked by number of editions on Open Library, a rough measure of how lasting a book is.
🔗 Related topics
- Universal Credit Universal Credit is a United Kingdom–based social security payment. It is means-tested and is replacing and combining six benefits, for working-age households…
- Family Resources Survey The Family Resources Survey (FRS) is one of the United Kingdom's largest household surveys. It collects information on the incomes and characteristics…
- Department for Work and Pensions The Department for Work and Pensions (DWP) is a ministerial department of the Government of the United Kingdom. It is responsible for welfare, pensions…
- Jobcentre Plus Jobcentre Plus (Welsh: Canolfan byd Gwaith; Scottish Gaelic: Ionad Obrach is Eile) is a public employment service, operating through offices across Great…
- Pension Credit Pension Credit is the principal element of the UK welfare system for people of pension age. It is intended to supplement the UK State Pension, or to replace…
- Benefit fraud in the United Kingdom Benefit fraud is a form of welfare fraud as found within the system of government benefits paid to individuals by the welfare state in the United Kingdom…
- Jobseeker's Allowance Jobseeker's Allowance (JSA) is an unemployment benefit paid by the Government of the United Kingdom to people who are unemployed and actively seeking work…
- Welfare state in the United Kingdom The welfare state of the United Kingdom began to evolve in the 1900s and early 1910s, and comprises expenditures by the government of the United Kingdom…