Parameterizing age patterns of demographic rates with the multiexponential model schedule

Abstract

"For nearly 200 years actuaries, statisticians, and demographers have sought to summarize the age pattern of mortality rates by means of a limited number of parameters. Such 'model schedules' have also been useful in representing schedules of rates other than mortality....This paper illustrates a particular general functional form for such model schedules: the multiexponential function. It discusses the changing behavior of this function as its parameters take on different values and examines the quality of the fits of this function to observed data on mortality, fertility, and migration." This is a revised version of a paper originally presented at the 1993 Annual Meeting of the Population Association of America. (SUMMARY IN FRE)