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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Bibliographic Details
Main Author: Carl Schmertmann
Format: Article
Language:English
Published: Max Planck Institute for Demographic Research 2021-06-01
Series:Demographic Research
Subjects:
Online Access:https://www.demographic-research.org/articles/volume/44/45

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