Smoothing Age and Spatial Patterns
Andrei Rogers (),
James Raymer () and
Jani Little ()
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Andrei Rogers: University of Colorado, Boulder Inst. Behavioral Science Population Program
James Raymer: University of Southampton, School of Social Sciences
Jani Little: University of Colorado Institute of Behavioral Science
Chapter Chapter 4 in The Indirect Estimation of Migration, 2010, pp 47-85 from Springer
Abstract:
Abstract A comparison of an observed pattern of age-specific rates or probabilities with the corresponding model schedule fitted pattern identifies idiosyncrasies in the observed data and points to possible data errors or to irregularities created by an insufficiently large sample. Actuaries calculating life insurance policies or annuities, for example, would want to smooth irregular patterns to ensure that age-specific probabilities of dying, do not show, say, that an average 45-year old female had a higher risk of dying within the next year than did an average 46-year old female. Confronting such an irregularity, an actuary is likely to smooth out the suspicious behavior with a model mortality schedule, for example, the eight-parameter Heligman-Pollard (1980) model mortality schedule.
Keywords: Mean Absolute Percent Error; Model Schedule; American Community Survey; Migration Data; American Community Survey Data (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:ssdmcp:978-90-481-8915-1_4
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DOI: 10.1007/978-90-481-8915-1_4
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