Population projections provide predictions of future population sizes for an area. Historically, most population projections have been produced using deterministic or scenario-based approaches and have not assessed uncertainty about future population change. Starting in 2015, however, the United Nations (UN) has produced probabilistic population projections for all countries using a Bayesian approach.
View Article and Find Full Text PDFThe package for R provides a set of functions to produce probabilistic projections of the total fertility rates (TFR) for all countries, and is widely used, including as part of the basis for the UN's official population projections for all countries. Liu and Raftery (2020) extended the theoretical model by adding a layer that accounts for the past TFR estimation uncertainty. A major update of implements the new extension.
View Article and Find Full Text PDFPopulation forecasts are used by governments and the private sector for planning, with horizons up to about three generations (around 2100) for different purposes. The traditional methods are deterministic using scenarios, but probabilistic forecasts are desired to get an idea of accuracy, assess changes, and make decisions involving risks. In a significant breakthrough, since 2015, the United Nations has issued probabilistic population forecasts for all countries using a Bayesian methodology that we review here.
View Article and Find Full Text PDFThe social cost of carbon dioxide (SC-CO) measures the monetized value of the damages to society caused by an incremental metric tonne of CO emissions and is a key metric informing climate policy. Used by governments and other decision-makers in benefit-cost analysis for over a decade, SC-CO estimates draw on climate science, economics, demography and other disciplines. However, a 2017 report by the US National Academies of Sciences, Engineering, and Medicine (NASEM) highlighted that current SC-CO estimates no longer reflect the latest research.
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