SIDD Simulator of Individual Dynamic Decisions
Research.
Model development and
applications
Commissioned Projects
•
2016 Implications of the UK EU referendum
outcome: Impact of migration patterns on the
state pension system, Institute for Arts and
Actuaries (UK)
•
2015 Modelling Poverty, Joseph Rowntree
Foundation (UK) [on-going]
•
2014 Poverty modelling feasibility study,
Joseph Rowntree Foundation (UK)
•
2013 Retirement savings analysis, NAPF and
AgeUK (UK)
•
2013 A microsimulation model for Italy,
European Commission (Italy, EU)
•
2013 Estimating the intertemporal elasiticity of
substitution: a cross-sectional approach,
University of Melbourne (AUST)
•
2012 A model to simulate lifetime incomes, HM
Treasury (UK)
•
2011 Response to the pensions Green Paper,
Department for Work and Pensions (UK)
•
2011 Multi-pillar pension schemes and
macroeconomic performance, (NETSPAR,
Netherlands)
•
2010 The influence of decision making costs on
the effectiveness of tax incentives to save,
Economic and Social Research Council & HM
Revenue and Customs (ESRC & HMRC, UK)
•
2010 Modelling of pension reforms: Building
from UK experience to Irish policy analysis,
European Commission (Ireland, EU)
•
2009 National Institute benefit and tax model,
HMRC & DWP (UK)
•
2008 The effects of decision making myopia on
private provisions for retirement, Leverhulme
Trust (UK)
•
2007 Modelling the implications of the
National Pension Savings Scheme, HM Revenue
and Customs & Department for Work and
Pensions (UK)
•
2006 Population change, demographic
uncertainty and financial risk, ESRC (UK)
•
2005 Understanding debt, Department for
Work and Pensions (UK)
Publications
Model Manuals
•
USER MANUAL: van de Ven, J. (2018), “The
National Institute model for lifetime income
distributional analysis, LINDA”.
•
PROGRAMMING GUIDE: van de Ven, J. (2016),
“The simulator of individual dynamic decisions,
SIDD: An introductory programming guide”.
•
MODEL REFERENCE: van de Ven, J. (2017),
“SIDD: An adaptable framework for analysing
the distributional implications of policy
alternatives where savings and employment
decisions matter”, Economic Modelling, 63, pp.
161-174.
•
TECHNICAL DESCRIPTION: van de Ven, J. (2016),
“LINDA: A dynamic microsimulation model for
analysing policy effects on the evolving
population cross-section”, NIESR Discussion
Paper 459.
•
TECHNICAL DESCRIPTION: van de Ven, J. (2017),
“Parameterising a detailed dynamic
programming model of savings and labour
supply using cross-sectional data”, International
Journal of Microsimulation, 10, pp. 135-166.
Refereed Articles
•
van de Ven, J. (2017), “Exploring the importance
of behavioural endogeneity for policy
projections”, International Journal of
Microsimulation, 10, pp. 134-164.
•
van de Ven, J. (2017), “Parameterising a detailed
dynamic programming model of savings and
labour supply using cross-sectional data”,
International Journal of Microsimulation, 10, pp.
135-166.
•
van de Ven, J. (2017), “SIDD: An adaptable
framework for analysing the distributional
implications of policy alternatives where
savings and employment decisions matter”,
Economic Modelling, 63, pp. 161-174.
•
Armstrong, A. and van de Ven, J. (2016), “The
Impact of Possible Migration Scenarios after
‘Brexit’ on the State Pension System”,
Economies, 4, pp. 1-13.
•
van de Ven, J. (2013), “Analysis of pension
reform scenarios in a rational world: An
application of the NIBAX behavioural micro-
simulation model”, Department for Work and
Pensions Working Paper Series 117.
•
van de Ven, J. (2011), “A structural dynamic
microsimulation model of household savings
and labour supply”, Economic Modelling, 28,
pp. 2054-2070.
•
Sefton, J. and van de Ven, J. (2009), “Optimal
design of means tested retirement benefits”,
Economic Journal, 119, pp. F461-F481.
•
Sefton, J., van de Ven, J. and Weale, M. (2008),
“Means-testing retirement benefits: fostering
equity or discouraging savings”, Economic
Journal, 118, pp. 556-590.
•
Sefton, J., van de Ven, J. and Weale, M. (2005),
“Means Testing and Retirement Choices in
Europe: A comparison of the British and Danish
Systems”, Fiscal Studies, 26, pp. 83-118.
•
Sefton, J. and van de Ven, J. (2004), “Simulating
Household Savings and Labour Supply”,
National Institute Economic Review, 188, pp. 56-
72.
Book Chapters
•
van de Ven, J. (2017), The Simulator of
Individual Dynamic Decisions, SIDD. In
Applications of Microsimulation Modelling.
Edited by G. Dekkers and J. Mészáros. Central
Administration of National Pension Insurance:
Budapest
•
van de Ven, J. (2012), Do Defined Contribution
Pensions Correct for Short-Sighted Savings
Decisions? Evidence from the UK. In Analysing
Pensions: Modelling and Policy Issues. Edited
by T. Callan and J. O’Connell. ESRI: Dublin
•
Callan, T., Keane, C. and van de Ven, J. (2012), A
Framework for Pension Policy Analysis in
Ireland: PENMOD, a Dynamic Simulation Model.
In Analysing Pensions: Modelling and Policy
Issues. Edited by T. Callan and J. O’Connell. ESRI:
Dublin.
Working Papers
•
van de Ven, J. (2013), “The influence of decision
costs on investments in Individual Savings
Accounts”, NIESR Discussion Paper 407.
•
van de Ven, J. and Weale, M. (2010), “An
empirical investigation of quasi-hyperbolic
discounting”, NIESR Discussion Paper 355.
•
van de Ven, J. (2010), “The effects of myopia on
pension decisions”, NIESR Discussion Paper
356.
•
van de Ven, J. and Weale, M. (2009),
“Consumption, employment uncertainty, and
capital losses”, NIESR Discussion Paper 346.
•
van de Ven, J. and Weale, M. (2009), “A
Structural Dynamic Micro-Simulation Model for
Policy Analysis: Application to Pension Reform,
Income Tax Changes and Rising Life
Expectancy”, NIESR Discussion Paper 336.
•
van de Ven, J., Skeen, A. and Voitchovsky, S.
(2009), “A simulation analysis of the effects of
the socio-economic environment on fertility
and female labour supply decisions in the
United Kingdom”, NIESR Discussion Paper 324.
•
van de Ven, J. and Weale, M. (2008), “The
influence of unsecured debt on consumer
responses to an adverse labour market shock -
implications from a rational agent model”,
NIESR Discussion Paper 310.
•
van de Ven, J. and Weale, M. (2008), “Unsecured
indebtedness in the United Kingdom -
implications from a rational agent model”,
NIESR Discussion Paper 309.
Invited Conference and
Seminar Presentations
•
“Pseudo panel data for model
parameterisation”, Oct 2019, The Use of
Administrative and Longitudinal Data for
Distributional Analysis, Essex UK.
•
“The importance of behavioural endogeneity
for policy projections”, Jun 2017, 6th World
Congress of the International Microsimulation
Association, Turin Italy.
•
“LINDA and SIDD: Structural dynamic
microsimulation modelling at the National
Institute”, Jan 2017, Economic Measurement
and Analysis: A Conference in Honour of Martin
Weale, London UK.
•
“LINDA and SIDD: Structural dynamic
microsimulation modelling at the National
Institute”, Sep 2016, European Meeting of the
International Microsimulation Association,
Budapest Hungary.
•
“Adapting the LINDA Model”, Joseph Rowntree
Foundation Eliminating Poverty, Apr 2015, York,
UK.
•
“Using LINDA to model long-term anti-poverty
strategies”, Joseph Rowntree Foundation
Eliminating Poverty, 12 Dec 2014, York (UK)
•
“The Lifetime INcome Distributional Analysis
model: LINDA”, Jul 2014, HM Treasury, London
UK.
•
“The influence of decision making costs on the
effectiveness of tax incentives to save”, Oct
2013, New Zealand Treasury, Auckland New
Zealand.
•
“Using dynamic programming methods to
evaluate relative risk aversion on cross-
sectional data”, Oct 2013, Australian National
University, Canberra Australia.
•
“Analysing Behavioural Responses to Policy
Change in Dynamic Decision Environments”,
Mar 2012, Melbourne Institute, Melbourne
Australia.
•
“A framework for pension policy analysis in
Ireland: PENMOD, a dynamic simulation
model”, May 2011, Dublin Ireland.
•
“Review of the Analytical Approaches to
Pensions Policy Reform in the UK”, Feb 2011,
Tokyo Japan.