Volume 41 - Article 43 | Pages 1235–1268 
The impact of the choice of life table statistics when forecasting mortality
| Date received: | 05 Mar 2019 |
| Date published: | 14 Nov 2019 |
| Word count: | 5645 |
| Keywords: | life expectancy, life table, mortality forecasts, rate of mortality improvement |
| DOI: | 10.4054/DemRes.2019.41.43 |
| Additional files: | readme.41-43 (text file, 1 kB) |
| demographic-research.41-43 (zip file, 3 kB) | |
Abstract
Background: Different ways to forecast mortality have been suggested, with many forecasting models based on the extrapolation of age-specific death rates. Recent studies, however, have looked into forecasting models based on other mortality indicators, such as life expectancy or life table deaths.
Objective: Here we ask, what are the implications of choosing one indicator over another to forecast mortality?
Methods: We compare five extrapolative models based on different life table statistics: death rates, death probabilities, survival probabilities, life table deaths, and life expectancy at birth. We show the consequences of using a specific indicator for the forecast results by looking into time changes in the indicators produced by the models.
Results: The results show that forecasting based on death rates and probabilities of death leads to more pessimistic forecasts than using survival probabilities, life table deaths, and life expectancy when applying existing models based on linear extrapolation of (transformed) indicators.
Contribution: The paper raises awareness that the use of a specific life table statistic as input for mortality forecasting has a significant impact on the forecast results.
Author's Affiliation
Marie-Pier Bergeron-Boucher - Syddansk Universitet, Denmark
Søren Kjærgaard - Syddansk Universitet, Denmark
James E. Oeppen - Syddansk Universitet, Denmark
James W. Vaupel - Syddansk Universitet, Denmark
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