Point and interval forecasts of mortality rates and life expectancy: A comparison of ten principal component methods

Using the age- and sex-specific data of 14 developed countries, we compare the point and interval forecast accuracy and bias of ten principal component methods for forecasting mortality rates and life expectancy. The ten methods are variants and extensions of the Lee-Carter method. Based on one-step...

Full description

Bibliographic Details
Main Authors: Han Lin Shang, Heather Booth, Rob Hyndman
Format: Article
Language:English
Published: Max Planck Institute for Demographic Research 2011-07-01
Series:Demographic Research
Subjects:
Online Access:http://www.demographic-research.org/volumes/vol25/5/