D-splines: Estimating rate schedules using high-dimensional splines with empirical demographic penalties
<b>Background</b>: High-dimensional parametric models with penalized likelihood functions strike a good balance between bias and variance for estimating continuous age schedules from large samples. The penalized spline (P-spline) approach is particularly useful for these purposes, but it...
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Format: | Article |
Language: | English |
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Max Planck Institute for Demographic Research
2021-06-01
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Series: | Demographic Research |
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Online Access: | https://www.demographic-research.org/articles/volume/44/45 |