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This is an invaluable
book for all those who use (or interpret the output of) POLIMOD,
Cambridge University's Microsimulation Unit's tax and benefit
model. The book provides an illustration of the type of analysis
an arithmetic model like POLIMOD can perform, and demonstrates
the sensitivity of results to some of the key assumptions that
can be made in carrying out a microsimulation analysis. It covers
the model's construction, modelling assumptions and the model
outputs. The study also offers those directly involved in the
development of microsimulation models a guide to the types of
data and modelling problems often encountered, as well as a record
of one specific approach to dealing with them. Published by Cambridge
University Press, 1998, ISBN 0 521 63224 2 (hardback), price £35.00
(US$59.95).
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