Overview of a labour market microsimulation model
Author(s) -
Adam Harmon,
Eric J. Miller
Publication year - 2018
Publication title -
procedia computer science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.334
H-Index - 76
ISSN - 1877-0509
DOI - 10.1016/j.procs.2018.04.027
Subject(s) - microsimulation , computer science , period (music) , operations research , test (biology) , simulation , transport engineering , paleontology , physics , acoustics , engineering , biology
This paper introduces a new agent-based microsimulation (ABM) model of urban labour markets, in which workers actively seeking employment in each time period are matched with vacant jobs. The model is designed to operate within the ILUTE (Integrated Land Use, Transportation, Environment) urban simulation model system. In the current model application, 1986 is taken as the base year, with 20-year simulations being run (1986-2006) to test the model’s performance within a known historical time-period.
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