Ontology highlight
ABSTRACT:
SUBMITTER: Ermini Leaf D
PROVIDER: S-EPMC8075077 | biostudies-literature | 2021 Nov
REPOSITORIES: biostudies-literature
Ermini Leaf Duncan D Tysinger Bryan B Goldman Dana P DP Lakdawalla Darius N DN
Health economics 20201007
The Future Elderly Model (FEM) is a microsimulation model designed to forecast health status, longevity, and a variety of economic outcomes. Compared to traditional actuarial models, microsimulation models provide greater opportunities for policy forecasting and richer detail, but they typically build upon smaller samples of data that may mitigate forecasting accuracy. We perform validation analyses of the FEM's mortality and quality of life forecasts using a version of the FEM estimated exclusi ...[more]