SMILE is well-suited to analyses of income distribution, pension assets and housing demand. The model predicts demographics, educational level, labor market participation, income level, retirement savings and housing preferences for each individual in the Danish population.
Read an introduction to SMILE
SMILE has been developed to forecast and analyse the long-run developments in income, pensions and housing demand.
The model starts with the entire Danish population in a base year and simulates the further life course for each individual in this initial population.
SMILE is a microsimulation model. A defining feature of such models is that they are based on individual “entities” e.g. individual persons.
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