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In recent multi-population stochastic mortality models, one critical scientific issue is the vague distinction between … trend risk and population basis risk. In particular, the cross- and auto-correlations between the innovations of the latent … uncorrelated. This permits us to disentangle trend risk and population basis risk, thereby sparing us from the need to use a …
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When estimating hedonic models of housing prices, the use of time series cross-section repeat sales data can provide improvements in estimator efficiency and correct for unobserved characteristics. However, in cases where serial correlation is present, the irregular timing of sales should also...
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the frail elderly. AMI mortality risk quickly rises when the economy strengthens and increases further if the favorable …Panel data econometric methods are used to investigate how the risk of death from acute myocardial infarction (AMI … one percentage point reduction in unemployment is predicted to raise AMI mortality by 1.3 percent, with a larger increase …
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