Probabilistic forecasts of life expectancy for Rosario city, Argentina
Life expectancy at birth is one of the most useful indices for measuring the overall level of mortality and estimates the level of mortality more accurately than the crude mortality rate because it is independent of the age structure of the population. It also allows comparing the levels of mortalit...
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Facultad de Ciencia Económicas y Estadísticaca - Universidad Nacional de Rosario
2021
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I15-R211-article-2562021-12-30T02:17:18Z Probabilistic forecasts of life expectancy for Rosario city, Argentina Andreozzi, Lucía Ventroni, Nora Functional data Lee-Carter model Forecast interval Life expectancy at birth is one of the most useful indices for measuring the overall level of mortality and estimates the level of mortality more accurately than the crude mortality rate because it is independent of the age structure of the population. It also allows comparing the levels of mortality for different populations in different historical moments. Probabilistic forecasting models generate age-specific mortality rates for future period, and from these results, it is possible to derive forecasts of life expectancy at birth and their corresponding confidence intervals. In this paper two models are applied; the precursor of probabilistic models for mortality: the Lee and Carter model (1992) and the last one proposed in the area: the functional data model developed by Hyndman and Ullah (2008). Both models predict mortality, and enable, through life tables based on mortality forecasts, to derive life expectancy at birth. It is applied to mortality data of Rosario city, in the period 1980 to 2015, so as to obtain point and interval forecasts for life expectancy at birth. Facultad de Ciencia Económicas y Estadísticaca - Universidad Nacional de Rosario 2021-12-30 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://saberes.unr.edu.ar/index.php/revista/article/view/256 10.35305/s.v9i2.256 SaberEs; Vol. 9 Núm. 2 (2017); 269-285 1852-4222 1852-4184 spa https://saberes.unr.edu.ar/index.php/revista/article/view/256/167167268 |
institution |
Universidad Nacional de Rosario |
institution_str |
I-15 |
repository_str |
R-211 |
container_title_str |
SaberEs |
language |
Español |
format |
Artículo revista |
topic |
Functional data Lee-Carter model Forecast interval |
spellingShingle |
Functional data Lee-Carter model Forecast interval Andreozzi, Lucía Ventroni, Nora Probabilistic forecasts of life expectancy for Rosario city, Argentina |
topic_facet |
Functional data Lee-Carter model Forecast interval |
author |
Andreozzi, Lucía Ventroni, Nora |
author_facet |
Andreozzi, Lucía Ventroni, Nora |
author_sort |
Andreozzi, Lucía |
title |
Probabilistic forecasts of life expectancy for Rosario city, Argentina |
title_short |
Probabilistic forecasts of life expectancy for Rosario city, Argentina |
title_full |
Probabilistic forecasts of life expectancy for Rosario city, Argentina |
title_fullStr |
Probabilistic forecasts of life expectancy for Rosario city, Argentina |
title_full_unstemmed |
Probabilistic forecasts of life expectancy for Rosario city, Argentina |
title_sort |
probabilistic forecasts of life expectancy for rosario city, argentina |
description |
Life expectancy at birth is one of the most useful indices for measuring the overall level of mortality and estimates the level of mortality more accurately than the crude mortality rate because it is independent of the age structure of the population. It also allows comparing the levels of mortality for different populations in different historical moments. Probabilistic forecasting models generate age-specific mortality rates for future period, and from these results, it is possible to derive forecasts of life expectancy at birth and their corresponding confidence intervals. In this paper two models are applied; the precursor of probabilistic models for mortality: the Lee and Carter model (1992) and the last one proposed in the area: the functional data model developed by Hyndman and Ullah (2008). Both models predict mortality, and enable, through life tables based on mortality forecasts, to derive life expectancy at birth. It is applied to mortality data of Rosario city, in the period 1980 to 2015, so as to obtain point and interval forecasts for life expectancy at birth. |
publisher |
Facultad de Ciencia Económicas y Estadísticaca - Universidad Nacional de Rosario |
publishDate |
2021 |
url |
https://saberes.unr.edu.ar/index.php/revista/article/view/256 |
work_keys_str_mv |
AT andreozzilucia probabilisticforecastsoflifeexpectancyforrosariocityargentina AT ventroninora probabilisticforecastsoflifeexpectancyforrosariocityargentina |
first_indexed |
2023-05-11T18:32:58Z |
last_indexed |
2023-05-11T18:32:58Z |
_version_ |
1765631388716892160 |