Research Report Comparisons of MINT 2003 and 2004 Projections with Survey Data
Karen E. Smith, Katherine Michelmore, Eric Toder
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This report compares projections of income and assets from the Model of Income in the Near Term (MINT) with data from the Survey of Income and Program Participation (SIPP), the Health and Retirement Study (HRS), the Survey of Consumer Finances (SCF), and the Current Population Survey (CPS). The comparison reveals a fair amount of variability in population characteristics and reported income and assets among these data files. There is no "right" answer, but rather a range of possible answers. For most statistics we compare, MINT's projected values fall between the highest and lowest values among the survey data.
Research and Evidence Work, Education, and Labor Tax and Income Supports Upward Mobility
Expertise Upward Mobility and Inequality Wealth and Financial Well-Being Labor Markets Aging and Retirement
Tags Social Security Economic well-being Employment and income data Pensions Income and wealth distribution Retirement policy Dynamic Simulation of Income Model 4 (DYNASIM4)