The Usage of State Space Models in Mortality Modeling and Predictions

In demography, mortality modeling with respect to age and time dimensions is often associated with the traditionally used Lee-Carter model. The Lee-Carter model considers a constant set of parameters of agespecific mortality change for forecasts, which can lead to the problem of overcoming the biode...

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Bibliographic Details
Main Authors: Martin Matějka, Ivana Malá
Format: Article
Language:English
Published: Czech Statistical Office 2023-03-01
Series:Statistika: Statistics and Economy Journal
Subjects:
Online Access:https://www.czso.cz/documents/10180/192164336/32019723q1_121_131_matejka_analyses.pdf/c7bd01ea-28e0-48e7-85a0-ba6caec3fcea?version=1.2