Description:

The InGRID-funded Expert meeting on nowcasting and mid-term projections through microsimulation models explored best practices to update the input data of microsimulation models, with the aim to obtain timely and updated projections on income distribution and the effects of policies.

This is particularly relevant in the wake of the Covid-19 employment shock and related government support policies. The meeting brought together academics, researchers in supra-national and international organisations and data providers, with expertise in tax-benefit microsimulation modelling and related data issues.

Aim

The objective of the expert meeting is to offer a forum for discussing recent advances in nowcasting techniques, allowing participants to discuss strengths and weaknesses of the different approaches, as well as data and methodological issues.

Program

08:45
Introduction
Matteo Richiardi (CeMPA)

09:00
Income distributional analysis with frequent incomplete surveys – the case of Australia
Jinjing Li (University of Canberra)

09:45
Evaluating microsimulation based methods to nowcast household income survey data
Cathal O’Donoghue (joint with Denisa Sologon) (NUI Galway)

10:30
Coffee break

10:45
Nowcasting Covid-19 effects on a monthly basis
Patryk Bronka (joint with Matteo Richiardi and Diego Collado) (CeMPA)

11:30
The COVID-19 resilience of a continental welfare regime – Nowcasting the distributional impact of the crisis
Denisa Sologon (Liser)

12:15
Lunch break

13:00
The cushioning effect of fiscal policy in the COVID-19 pandemic
Chrysa Leventi (Greek government)

13:45
The impact of COVID on the income distribution: labour market effects and temporary policies
Aura Leulescu (EUROSTAT)

14:30
Panel discussion

15:15
Conclusions
Matteo Richiardi (CeMPA)

Recording

A copy of the recording is available here.