ageing
Forecasting Mortality in the Middle-Aged and Older Population of England: A 1D-CNN Approach
Longitudinal surveys are follow-up studies, in which participants' information is recorded at different time steps, say every two years. The difference between time series analysis and longitudinal studies is that in the former we have records of, say economic variables over a long period, whereas in the latter, we have a few records of participants, and the number of records depends on the number of participants. One problem with such studies is that we may have a large number of drop-outs, known as right-censoring in survival analysis, due to death, illness, immigration, etc. Another difference is that in time-series analysis, we aim to predict, say future stock prices based on past data, whereas in longitudinal study our goal is to predict a target based on some features. Longitudinal studies are used to study life events such as clinical psychology. Generalised linear models (GLMs) (McCullagh and Nelder, 1989), and generalised linear mixed models (GLMMs) (Frees, 2004) are traditional methods used in longitudinal studies. Qazvini (2023) employs GLMM to analyse the survival rate among the English population using the ELSA dataset.
Shedding Light on the Ageing of Extra Virgin Olive Oil: Probing the Impact of Temperature with Fluorescence Spectroscopy and Machine Learning Techniques
Venturini, Francesca, Fluri, Silvan, Mejari, Manas, Baumgartner, Michael, Piga, Dario, Michelucci, Umberto
This work systematically investigates the oxidation of extra virgin olive oil (EVOO) under accelerated storage conditions with UV absorption and total fluorescence spectroscopy. With the large amount of data collected, it proposes a method to monitor the oil's quality based on machine learning applied to highly-aggregated data. EVOO is a high-quality vegetable oil that has earned worldwide reputation for its numerous health benefits and excellent taste. Despite its outstanding quality, EVOO degrades over time owing to oxidation, which can affect both its health qualities and flavour. Therefore, it is highly relevant to quantify the effects of oxidation on EVOO and develop methods to assess it that can be easily implemented under field conditions, rather than in specialized laboratories. The following study demonstrates that fluorescence spectroscopy has the capability to monitor the effect of oxidation and assess the quality of EVOO, even when the data are highly aggregated. It shows that complex laboratory equipment is not necessary to exploit fluorescence spectroscopy using the proposed method and that cost-effective solutions, which can be used in-field by non-scientists, could provide an easily-accessible assessment of the quality of EVOO.
Japan's Ageing, Labour-Starved Construction Industry Gives Economy a Capex Boost
"While the short-term boost could be small, construction investment tends to offer long-term support to the economy." The pain of a small labour pool is made worse by an ageing population. Japanese aged 60 or older now make up about a fourth of the construction industry's skilled workers, while those under 30 are just over a tenth of the total, down from about a fifth in the late 1990s. That means all companies are fighting for workers as the jobless rate hovers at more than two-decade low of 2.2% and the number of job openings for every applicant is near its highest point in 45 years. There were 5.1 million construction workers in Japan as of end-August, a 27% decline from 20 years ago.