Steve Pudney

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1992 Dynamic simulation of pensioners’ incomes

This is a 1992 Cambridge Discussion Paper covering some of the issues involved in the development of the first version of the PENSIM model, constructed for the Department of Social Security (now DWP) by a team involving Ruth Hancock and Jacqui Mallender. PENSIM was taken over by DSS and, regrettably, further independent development was halted.