The creation of lifecycle profiles for households in MAKRO

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04-05-2021
MAKRO

The paper documents the creation of household lifecycle profiles for use in MAKRO.

Abstract

This is the documentation for the creation of household lifecycle profiles for use in MAKRO. The profiles are used in determining key parameters affecting the behavior of households over time when the model is used for forecasting. The profiles are based on data from the Lovmodel database, Statistics Denmark’s wealth data, and the national accounts.