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Forecasting Mortality in Developed Countries - Insights from a Statistical, Demographic and Epidemiological Perspective (Hardcover)
Loot Price: R4,332
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Forecasting Mortality in Developed Countries - Insights from a Statistical, Demographic and Epidemiological Perspective (Hardcover)
Series: European Studies of Population, 9
Expected to ship within 12 - 17 working days
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Information on future mortality trends is essential for population
forecasts, public health policy, actuarial studies, and many other
purposes. Realising the importance of such needs, this volume
contains contributions to the theory and practice of forecasting
mortality in the relatively favourable circumstances in developed
countries of Western Europe. In this context techniques from
mathematical statistics and econometrics can provide useful
descriptions of past mortality. The naive forecast obtained by
extrapolating a fitted model may give as good a forecast as any but
forecasting by extrapolation requires careful justification since
it assumes the prolongation of historical conditions. On the other
hand, whilst it is generally accepted that scientific and other
advances will continue to impact on mortality, perhaps dramatically
so, it is impossible to quantify more than the outline of future
consequences with a strong degree of confidence. The decision to
modify an extrapolation of a model fitted to historical data (or
conversely choosing not to modify it) in order to obtain a forecast
is therefore strongly influenced by subjective and judgmental
elements, with the quality of the latter dependent on demographic,
epidemiological and indeed perhaps more general considerations. The
thread running through the book reflects therefore the necessity of
integrating demographic, epidemiological, and statistical factors
to obtain an improvement in the prediction of mortality.
General
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