Incorporating demographic knowledge in parametric models for forecasting households size

  1. Bermúdez Parrado, Silvia
Revue:
Estadística española

ISSN: 0014-1151

Année de publication: 2014

Volumen: 56

Número: 185

Pages: 381-399

Type: Article

D'autres publications dans: Estadística española

Résumé

In this paper we show how expert knowledge, such as hypothesis of convergence, can be included in a parametric model for forecasting households size. To do this we fit the parameters of a generalized multinomial logistic model by solving an optimization problem, in which the demographic knowledge is expressed as parameters constraints. The parameters are tuned by means of standard and userfriendly optimization software. The methodology is tested on Spain and one of its regions, Andalusia