2015
DOI: 10.4054/demres.2015.32.19
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Demography and the statistics of lifetime economic transfers under individual stochasticity

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Cited by 18 publications
(25 citation statements)
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References 13 publications
(19 reference statements)
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“…Preliminary analysis showed that the respondent's earnings had no association with life satisfaction among Add Health respondents (r = .013, p = .116, n = 14,414), perhaps because of their relative youth and little variance in earnings (M = 11,744, median = 8,000 SD = 17,289, IQR = 16,500, n = 14,425). This was consistent with earlier studies, which showed that variance in earnings generally increased with age (Beach, Finnie, & Gray, 2010;Caswell & Kluge, 2015;Lam & Levison, 1992).…”
Section: Control Variablessupporting
confidence: 93%
“…Preliminary analysis showed that the respondent's earnings had no association with life satisfaction among Add Health respondents (r = .013, p = .116, n = 14,414), perhaps because of their relative youth and little variance in earnings (M = 11,744, median = 8,000 SD = 17,289, IQR = 16,500, n = 14,425). This was consistent with earlier studies, which showed that variance in earnings generally increased with age (Beach, Finnie, & Gray, 2010;Caswell & Kluge, 2015;Lam & Levison, 1992).…”
Section: Control Variablessupporting
confidence: 93%
“…Individual stochasticity (Caswell 2009) is the random variation among individuals in the outcomes of applying identical vital rates. Individual stochasticity is inherent in any set of mortality and fertility rates, and given those rates, we can calculate the consequences of these stochastic events (Caswell 2009(Caswell , 2011(Caswell , 2014aCaswell and Kluge 2015). Individual stochasticity has been found to be a major contributor to variance in LRO in many species (Caswell 2011;Tuljapurkar, Steiner, and Orzack 2009;Steiner and Tuljapurkar 2012).…”
Section: Individual Stochasticity and The Sources Of Variancementioning
confidence: 99%
“…Sensitivity analysis of these models will show how the statistics of LRO respond to changes in the parameters of the mortality and fertility schedules . Finally, we note that the method can be applied to rewards other than reproductive output, including health and longevity (Caswell and Zarulli, unpublished data) and lifetime accumulation of economic rewards (Caswell and Kluge 2015). 5.…”
Section: Individual Stochasticitymentioning
confidence: 99%
“…It also applies to periodic and stochastic time-varying models, by applying Theorems 1 and 2 to the models in Caswell (2011). The method can also be applied to rewards other than reproductive output, including health status (Caswell and Zarulli 2015) and economic transfers (Caswell and Kluge 2015).…”
Section: Discussionmentioning
confidence: 99%