Point and interval forecasts of age-specific fertility rates: A comparison of functional principal component methods
Accurate forecasts of age-specific fertility rates are critical for government policy, planning and decision making. With the availability of the Human Fertility Database (2011), the paper compares the empirical accuracy of the point and interval forecasts, obtained by the approach of Hyndman and Ullah (Comput Stat Data Anal 51(10), 4942-4956, 2007) and its variants for forecasting age-specific fertility rates. The analyses are carried out using the age-specific fertility data of 15 mostly...[Show more]
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|Source:||Journal of Population Research|
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