Trends in Mortality Decrease and Economic Growth.
The vast literature on extrapolative stochastic mortality models focuses mainly on the extrapolation of past mortality trends and summarizes the trends by one or more latent factors. However, the interpretation of these trends is typically not very clear. On the other hand, explanation methods are t...
| Publicado en: | Demography (Springer Nature) Vol. 51; no. 5; pp. 1755 - 1774 |
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| Autores principales: | , |
| Formato: | Artículo |
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Springer Nature
Oct2014
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=99008122&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 99008122 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00703370 DEM jtl: Demography (Springer Nature) issn: 00703370 maglogo: N pubinfo: dt: Oct2014 vid: 51 iid: 5 pid: 237 pub: Springer Nature artinfo: ui: 99008122 10.1007/s13524-014-0328-3 ppf: 1755 ppct: 19 formats: fmt: @attributes: type: P size: 6.1MB tig: atl: Trends in Mortality Decrease and Economic Growth. aug: au: Niu, Geng Melenberg, Bertrand su: Mortality Longevity Economic development Economics Gross domestic product Mortality -- Mathematical models sug: subj: Mortality Longevity Economic development Economics Gross domestic product Mortality -- Mathematical models keyword: GDP per capita Lee-Carter model GDP per capita Lee-Carter model ab: The vast literature on extrapolative stochastic mortality models focuses mainly on the extrapolation of past mortality trends and summarizes the trends by one or more latent factors. However, the interpretation of these trends is typically not very clear. On the other hand, explanation methods are trying to link mortality dynamics with observable factors. This serves as an intermediate step between the two methods. We perform a comprehensive analysis on the relationship between the latent trend in mortality dynamics and the trend in economic growth represented by gross domestic product (GDP). Subsequently, the Lee-Carter framework is extended through the introduction of GDP as an additional factor next to the latent factor, which provides a better fit and better interpretable forecasts. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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