Institute of Economic Research
Topic
Development of a dynamic microsimulation model of the Slovak Labour Supply
PhD. program
Economics
Year of admission
2026
Name of the supervisor
Mgr. Miroslav Štefánik, PhD.
Contact:
Receiving school
Národohospodárska fakulta EU
Annotation
The Slovak labour market is increasingly feeling the effects of labour shortages. Identifying segments of the labour market with relatively higher levels of labour shortages and targeted investment in worker, attraction, activation and retraining are therefore becoming increasingly important. To this end, we plan to develop a dynamic microsimulation model capable of capturing the dynamics of the labour supply structure and, in turn, identifying the market segments with the most significant mismatch between supply and demand. This type of microsimulation model should be capable of modelling demographic processes as well as processes of economic activity, employment, and related labour income.
Such a model would need to run on the CENSUS 2021 individual-level data. Our methodology consists of a chain of probability models developed to capture age-specific life decisions of dynamically changing individuals in the sample. Departing from the methodology introduced by (Richiardi, Bronka and van de Ven, 2025), implemented to an existing microsimulation model of the Slovak labour supply- SLAMM.
The architecture of this type of model requires mastery of professional literature from several scientific fields, ranging from the creation of microsimulation models to concepts of demography and social science research in the field of the labour market. Students are expected to apply regression and probability models of classify big data, as well as to have a user-level understanding of language models.
Such a model would need to run on the CENSUS 2021 individual-level data. Our methodology consists of a chain of probability models developed to capture age-specific life decisions of dynamically changing individuals in the sample. Departing from the methodology introduced by (Richiardi, Bronka and van de Ven, 2025), implemented to an existing microsimulation model of the Slovak labour supply- SLAMM.
The architecture of this type of model requires mastery of professional literature from several scientific fields, ranging from the creation of microsimulation models to concepts of demography and social science research in the field of the labour market. Students are expected to apply regression and probability models of classify big data, as well as to have a user-level understanding of language models.