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Flexible transition timing in discrete-time multistate life tables using Markov chains with rewards

Bibliographic Data

ID4269252
AuthorsDavid C Schneider (0000-0003-1615-2482, Max Planck Institute for Demographic Research), Mikko Myrskylä (0000-0003-4995-027X, Max Planck Institute for Demographic Research), Alyson Van Raalte (0000-0002-0676-8921, Max Planck Institute for Demographic Research)
Year2024
Volume78
Issue3
Pages413-427
Publication date2024-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenuePopulation Studies (JOURNAL)
Journal identifiersISSN: 0032-4728 • E-ISSN: 1477-4747
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00324728.2023.2176535
PMID36880359
OpenAlexW4323347292
LanguageEN
Citations received2
References cited48

Discrete-time multistate life tables are attractive because they are easier to understand and apply in comparison with their continuous-time counterparts. While such models are based on a discrete time grid, it is often useful to calculate derived magnitudes (e.g. state occupation times), under assumptions which posit that transitions take place at other times, such as mid-period. Unfortunately, currently available models allow very few choices about transition timing. We propose the use of Markov chains with rewards as a general way of incorporating information on the timing of transitions into the model. We illustrate the usefulness of rewards-based multistate life tables by estimating working life expectancies using different retirement transition timings. We also demonstrate that for the single-state case, the rewards approach matches traditional life-table methods exactly. Finally, we provide code to replicate all results from the paper plus R and Stata packages for general use of the method proposed

Algorithm · Code (set theory) · Data mining · Discrete time and continuous time · Grid · Machine learning · Markov chain · Markov model · Markov process · Replicate · State (computer science) · Statistics · Table (database) · Transition (genetics) · Computer Science · demographic modeling and climate adaptation · Insurance, Mortality, Demography, Risk Management · Mathematics · Retirement, Disability, and Employment

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Unique citing works2
Citations per year0,67
Citation span2023 - 2025 (3)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 2

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