Application of a power-exponential function-based model to mortality rates forecasting.

Autor: Boulougari, Andromachi, Lundengård, Karl, Rančić, Milica, Silvestrov, Sergei, Suleiman, Samya, Strass, Belinda
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Zdroj: Communications in Statistics: Case Studies & Data Analysis; 2019, Vol. 5 Issue 1, p3-10, 8p
Abstrakt: There are many models for mortality rates. A well-known problem that complicates modeling of human mortality rates is the "accident hump" occurring in early adulthood. Here, two models of mortality rate based on power-exponential functions are presented and compared to a few other models. The models will be fitted to known data of measured death rates from several different countries using numerical techniques for curve-fitting with the nonlinear least-squares method. The properties of the model with respect to forecasting with the Lee–Carter method will be discussed. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index
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