URBAN INSTITUTE

Expert

Karen E. Smith
Expert

Karen E. Smith

Senior Fellow
Codirector, DYNASIM Microsimulation Model

Microsimulation is an extraordinarily powerful tool for analyzing the short- and long-term impacts of demographic trends and policy reforms on economic well-being. Microsimulation provides insights to the size, direction, and characteristics of winners and losers of policy reforms. It is a vital analysis tool for policymakers given the complexity of the US tax and benefit systems, as well as complex social interactions.