Overall Simulation Outcomes

Figure 1 shows the match between education prevalence rates by age calculated from 1996 CPS micro-data (left-hand-side chart) and simulated education prevalence rates for that year. In both charts, a high share of those aged 20 and younger have high school or less education. The shares of individuals in these two education categories drop sharply for those older than age 20 who have “some college level of education".

Running Figure 1’s charts forward (1996 through 2016) reveals that shifts in the simulated education category prevalence rates closely correspond with those calculated from CPS micro-data. Running the simulated chart beyond 2016 shows PWBMsim’s projection of education prevalence rates when transition rates are maintained at their 2016 levels.

Education

Figure 1: Education prevalence rates in the CPS (left), and microsimulation (right), simulated from 1996 - 2070.

Figure 1: Education prevalence rates in the CPS (left), and microsimulation (right), simulated from 1996 - 2070.

Disability

Figure 2: Disability levels in the CPS (left), and the microsimulation (right), simulated from 1996 - 2070.

Figure 2: Disability levels in the CPS (left), and the microsimulation (right), simulated from 1996 - 2070.

Family Composition

Figure 3: Composition of family types to which individuals belong in the CPS (left), and the microsimulation (right), simulated from 1996 - 2070.

Figure 3: Composition of family types to which individuals belong in the CPS (left), and the microsimulation (right), simulated from 1996 - 2070.