Effects of targets and aggregation on the propagation of error in mortality forecasts.
"Official forecasts of mortality depend on assumptions about target values for the future rates of decline in mortality rates.  Smooth functions connect the jump-off (base-year) mortality to the level implied by the targets.  Three alternative sets of targets are assumed, leading to high, middle, and low forecasts.  We show that this process can be closely modeled using simple linear statistical models.  These explicit models allow us to analyze the error structure of the forecasts.  We show that the current assumption of perfect correlation between errors in different ages, at different forecast years, and for different causes of death, is erroneous.  An alternative correlation structure is suggested, and we show how its parameters can be estimated from the past data.  The effect of the level of aggregation on the accuracy of mortality forecasts is considered."  The geographical focus is on the United States. (SUMMARY IN FRE)
Alho
J M
JM
Spencer
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BD
D000367:Age Factors; D000569:Americas; D002423:Cause of Death; D003710:Demography; D019049:Developed Countries; D005544:Forecasting; D008962:Models, Theoretical; D009026:Mortality; D009656:North America; D011153:Population; D011154:Population Characteristics; D011157:Population Dynamics; D012106:Research; D012107:Research Design; D013223:Statistics as Topic; D014481:United States
Age Factors; Americas; Causes Of Death; Demographic Factors; Developed Countries; Error Sources; Estimation Technics; Measurement; Models, Theoretical; Mortality; North America; Northern America; Population; Population Characteristics; Population Dynamics; Population Projection; Research Methodology; United States