Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7354825 | Insurance: Mathematics and Economics | 2018 | 19 Pages |
Abstract
Life expectancy is highly correlated over time among countries and between males and females. These associations can be used to improve forecasts. Here we propose a method for forecasting female life expectancy based on analysis of the gap between female life expectancy in a country compared with the record level of female life expectancy in the world. Second, to forecast male life expectancy, the gap between male life expectancy and female life expectancy in a country is analysed. We present these results for various developed countries. We compare our results with forecasts based on the Lee-Carter approach and the Cairns-Blake-Dowd strategy. We focus on forecasting life expectancy at age 0 and remaining life expectancy at age 65.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
Marius D. Pascariu, Vladimir Canudas-Romo, James W. Vaupel,