Arbeitspapier

Parametric models for biomarkers based on flexible size distributions

Recent advances in social science surveys include collection of biological samples. Although biomarkers offer a large potential for social science and economic research, they impose a number of statistical challenges, often being distributed asymmetrically with heavy tails. Using data from the UK Household Panel Survey (UKHLS), we illustrate the comparative performance of a set of flexible parametric distributions, which allow for a wide range of skewness and kurtosis: the four-parameter generalized beta of the second kind (GB2), the three-parameter generalized gamma (GG) and their three-, two- or one-parameter nested and limiting cases. Commonly used blood-based biomarkers for inflammation, diabetes, cholesterol and stress-related hormones are modelled. Although some of the three-parameter distributions nested within the GB2 outperform the latter for most of the biomarkers considered, the GB2 can be used as a guide for choosing among competing parametric distributions for biomarkers. Going "beyond the mean" to estimate tail probabilities, we find that GB2 performs fairly well with some disparities at the very high levels of HbA1c and fibrinogen. Commonly used OLS models are shown to perform worse than almost all the flexible distributions.

Language
Englisch

Bibliographic citation
Series: ISER Working Paper Series ; No. 2018-03

Classification
Wirtschaft
Methodological Issues: General
Model Evaluation, Validation, and Selection
Health and Inequality
Subject
biomarkers
generalised beta of second kind
heavy tails
tail probabilities

Event
Geistige Schöpfung
(who)
Davillas, Apostolos
Jones, Andrew M.
Event
Veröffentlichung
(who)
University of Essex, Institute for Social and Economic Research (ISER)
(where)
Colchester
(when)
2018

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Davillas, Apostolos
  • Jones, Andrew M.
  • University of Essex, Institute for Social and Economic Research (ISER)

Time of origin

  • 2018

Other Objects (12)