This is the repository for the English version of the Future Elderly Model, originally developed at the Leonard D. Schaeffer Center for Health Policy and Microsimulation.
Script for splitting ELSA data into 2 random subsets is already written ("/analysis/techdoc_ELSA/crossvalidation_ELSA.do").
Now need to use one half of the data to estimate transition probabilities, and then apply these transition probabilities to the other half of the data. When we have simulated from ELSA wave 1 with half of the data, we can compare our simulated data to the true ELSA data through to wave 7, validating our predictions.
Script for splitting ELSA data into 2 random subsets is already written ("/analysis/techdoc_ELSA/crossvalidation_ELSA.do"). Now need to use one half of the data to estimate transition probabilities, and then apply these transition probabilities to the other half of the data. When we have simulated from ELSA wave 1 with half of the data, we can compare our simulated data to the true ELSA data through to wave 7, validating our predictions.