A New Fourier Approach under the Lee-Carter Model for Incorporating Time-Varying Age Patterns of Structural Changes

A New Fourier Approach under the Lee-Carter Model for Incorporating Time-Varying Age Patterns of Structural Changes

The prediction of future mortality improvements is of substantial importance for areas such as population projection, government welfare policies, pension planning and annuity pricing. The Lee-Carter model is one of the widely applied mortality models proposed to capture and predict the trend in mor...

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Bibliographic Details
Main Authors: Sixian Tang, Jackie Li, Leonie Tickle
Format: Article
Language:English
Published: MDPI AG 2022-07-01
Series:Risks
Subjects:
mortality forecasting
structural changes
age effects
Fourier series
life expectancy
Online Access:https://www.mdpi.com/2227-9091/10/8/147

Internet

https://www.mdpi.com/2227-9091/10/8/147

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