Financial Management White Papers

Overview of the Congressional Budget Office Long-Term (CBOLT) Policy Simulation Model

Overview The Congressional Budget Office Long-Term (CBOLT) policy simulation model was developed to answer budgetary and distributional questions about Social Security, Medicare, and other long-term policy issues. CBOLT has three distinct solution modes for making projections: static simulations with a fixed macro environment and actuarial projection modules like those used by the Social Security Administration (SSA) and Center for Medicare and Medicaid Studies (CMS); a macro growth model environment with SSA/CMS-style actuarial projection modules; and an integrated micro/macro model with economic and policy outcomes based on a representative population sample.

Further White Paper Details
PublisherCongressional Budget Office File FormatPDF
Date PublishedJanuary 2004
FormatWhite Papers   
Topics
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