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Improving Information for Social Policy Decisions -- The Uses of Microsimulation Modeling Volume II, Technical Papers (1991) / Chapter Skim
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Pages 307-308

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From page 307...
... Even though the situation described above is hypothetical, it is analogous to the circumstance faced when making population projections, especially those performed with the aid of cohort component projection models. The work involves a closed analytical system for which all relevant variables have been properly and precisely accounted, and the hard part is deciding how fertility, mortality, and migration are likely to behave in the future.
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From page 308...
... One advantage of the cohort component model is that its method of making population projections mirrors the actual population dynamics involved; the mechanics of the calculations parallel exactly the demographic processes of growth and change. The model also yields projections by age and sex, not just total population.
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Key Terms

  • population projections
  • census bureau
  • labor force
  • population projection
  • projection models

  • cohort component
  • population size
  • baseline population
  • population growth
  • projected population

  • component model
  • actual population
  • component method


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