Microsimulation Models.;An Integrated Approach with Real Data
Due to the increasing the calculus power of computers, a growing number of economic;phenomena are being studied through microsimulation. However, this methodology is;not updated, and the basic structure of these models is till tied to outdated technologies;where economic hypothesis was used to simplify computational complexity as the;calculus power of computers was not strong enough. In this paper, I suggest an;innovative approach to the microsimulation. From a theoretical point of view, it should;be more efficient than the traditional approach. The paper is divided in three section. In;the first section, I explain this innovative approach and show its operating differences;respect to the traditional approach. In the second section, I explore the difficulties of its;concrete implementation through a case study and recommend some technical solutions;in order to overcome them. In the last section, I summarize the main results.
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