IDEAS home Printed from https://ideas.repec.org/a/gam/jrisks/v8y2020i4p109-d431746.html
   My bibliography  Save this article

The Linear Link: Deriving Age-Specific Death Rates from Life Expectancy

Author

Listed:
  • Marius D. Pascariu

    (Biometric Risk Modelling Chapter, SCOR Global Life SE, 75795 Paris, France
    Interdisciplinary Centre on Population Dynamics, University of Southern Denmark, 5000 Odense, Denmark)

  • Ugofilippo Basellini

    (Max Planck Institute for Demographic Research (MPIDR), 18057 Rostock, Germany
    Institut National D’études Démographiques (INED), 93300 Aubervilliers, France)

  • José Manuel Aburto

    (Interdisciplinary Centre on Population Dynamics, University of Southern Denmark, 5000 Odense, Denmark
    Max Planck Institute for Demographic Research (MPIDR), 18057 Rostock, Germany
    Leverhulme Centre for Demographic Science, Department of Sociology and Nuffield College, University of Oxford, Oxford OX1 2BQ, UK)

  • Vladimir Canudas-Romo

    (School of Demography, The Australian National University, Canberra 2600, Australia)

Abstract

The prediction of human longevity levels in the future by direct forecasting of life expectancy offers numerous advantages, compared to methods based on extrapolation of age-specific death rates. However, the reconstruction of accurate life tables starting from a given level of life expectancy at birth, or any other age, is not straightforward. Model life tables have been extensively used for estimating age patterns of mortality in poor-data countries. We propose a new model inspired by indirect estimation techniques applied in demography, which can be used to estimate full life tables at any point in time, based on a given value of life expectancy at birth. Our model relies on the existing high correlations between levels of life expectancy and death rates across ages. The methods presented in this paper are implemented in a publicly available R package.

Suggested Citation

  • Marius D. Pascariu & Ugofilippo Basellini & José Manuel Aburto & Vladimir Canudas-Romo, 2020. "The Linear Link: Deriving Age-Specific Death Rates from Life Expectancy," Risks, MDPI, vol. 8(4), pages 1-18, October.
  • Handle: RePEc:gam:jrisks:v:8:y:2020:i:4:p:109-:d:431746
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-9091/8/4/109/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2227-9091/8/4/109/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. John Bongaarts, 2005. "Long-range trends in adult mortality: Models and projection methods," Demography, Springer;Population Association of America (PAA), vol. 42(1), pages 23-49, February.
    2. Møller,Thomas & Steffensen,Mogens, 2007. "Market-Valuation Methods in Life and Pension Insurance," Cambridge Books, Cambridge University Press, number 9780521868778.
    3. Les Mayhew & David Smith, 2013. "A new method of projecting populations based on trends in life expectancy and survival," Population Studies, Taylor & Francis Journals, vol. 67(2), pages 157-170, July.
    4. Adrian E. Raftery & Nevena Lalic & Patrick Gerland, 2014. "Joint probabilistic projection of female and male life expectancy," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 30(27), pages 795-822.
    5. John Wilmoth & Shiro Horiuchi, 1999. "Rectangularization revisited: Variability of age at death within human populations," Demography, Springer;Population Association of America (PAA), vol. 36(4), pages 475-495, November.
    6. John Wilmoth & Sarah Zureick & Vladimir Canudas-Romo & Mie Inoue & Cheryl Sawyer, 2012. "A flexible two-dimensional mortality model for use in indirect estimation," Population Studies, Taylor & Francis Journals, vol. 66(1), pages 1-28.
    7. Dickson,David C. M. & Hardy,Mary R. & Waters,Howard R., 2013. "Actuarial Mathematics for Life Contingent Risks," Cambridge Books, Cambridge University Press, number 9781107044074, October.
    8. Ediev, Dalkhat M., 2011. "Robust backward population projections made possible," International Journal of Forecasting, Elsevier, vol. 27(4), pages 1241-1247, October.
    9. Carter, Lawrence R. & Lee, Ronald D., 1992. "Modeling and forecasting US sex differentials in mortality," International Journal of Forecasting, Elsevier, vol. 8(3), pages 393-411, November.
    10. Brouhns, Natacha & Denuit, Michel & Vermunt, Jeroen K., 2002. "A Poisson log-bilinear regression approach to the construction of projected lifetables," Insurance: Mathematics and Economics, Elsevier, vol. 31(3), pages 373-393, December.
    11. Dickson,David C. M. & Hardy,Mary R. & Waters,Howard R., 2013. "Solutions Manual for Actuarial Mathematics for Life Contingent Risks," Cambridge Books, Cambridge University Press, number 9781107620261, February.
    12. Pascariu, Marius D. & Canudas-Romo, Vladimir & Vaupel, James W., 2018. "The double-gap life expectancy forecasting model," Insurance: Mathematics and Economics, Elsevier, vol. 78(C), pages 339-350.
    13. Lenny Stoeldraijer & Coen van Duin & Leo van Wissen & Fanny Janssen, 2013. "Impact of different mortality forecasting methods and explicit assumptions on projected future life expectancy: The case of the Netherlands," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 29(13), pages 323-354.
    14. Roland Rau & Eugeny Soroko & Domantas Jasilionis & James W. Vaupel, 2008. "Continued Reductions in Mortality at Advanced Ages," Population and Development Review, The Population Council, Inc., vol. 34(4), pages 747-768, December.
    15. Ronald Lee, 2000. "The Lee-Carter Method for Forecasting Mortality, with Various Extensions and Applications," North American Actuarial Journal, Taylor & Francis Journals, vol. 4(1), pages 80-91.
    16. Andrew J. G. Cairns & David Blake & Kevin Dowd, 2006. "A Two‐Factor Model for Stochastic Mortality with Parameter Uncertainty: Theory and Calibration," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 73(4), pages 687-718, December.
    17. Torri, Tiziana & Vaupel, James W., 2012. "Forecasting life expectancy in an international context," International Journal of Forecasting, Elsevier, vol. 28(2), pages 519-531.
    18. Juha Alho, 2000. "“The Lee-Carter Method for Forecasting Mortality, with Various Extensions and Applications“, Ronald Lee, January 2000," North American Actuarial Journal, Taylor & Francis Journals, vol. 4(1), pages 91-93.
    19. Nan Li & Ronald Lee & Patrick Gerland, 2013. "Extending the Lee-Carter Method to Model the Rotation of Age Patterns of Mortality Decline for Long-Term Projections," Demography, Springer;Population Association of America (PAA), vol. 50(6), pages 2037-2051, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Andrea Nigri & Susanna Levantesi & Jose Manuel Aburto, 2022. "Leveraging deep neural networks to estimate age-specific mortality from life expectancy at birth," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 47(8), pages 199-232.
    2. Jorge Miguel Bravo & Mercedes Ayuso & Robert Holzmann & Edward Palmer, 2021. "Intergenerational Actuarial Fairness when Longevity Increases: Amending the Retirement Age," CESifo Working Paper Series 9408, CESifo.
    3. Carlo G. Camarda & Ugofilippo Basellini, 2021. "Smoothing, Decomposing and Forecasting Mortality Rates," European Journal of Population, Springer;European Association for Population Studies, vol. 37(3), pages 569-602, July.
    4. Bergeron-Boucher, Marie-Pier & Vázquez-Castillo, Paola & Missov, Trifon, 2022. "A modal age at death approach to forecasting mortality," SocArXiv 5zr2k, Center for Open Science.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Blake, David & Cairns, Andrew J.G., 2021. "Longevity risk and capital markets: The 2019-20 update," Insurance: Mathematics and Economics, Elsevier, vol. 99(C), pages 395-439.
    2. Marie-Pier Bergeron-Boucher & Søren Kjærgaard & James E. Oeppen & James W. Vaupel, 2019. "The impact of the choice of life table statistics when forecasting mortality," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 41(43), pages 1235-1268.
    3. Basellini, Ugofilippo & Camarda, Carlo Giovanni & Booth, Heather, 2023. "Thirty years on: A review of the Lee–Carter method for forecasting mortality," International Journal of Forecasting, Elsevier, vol. 39(3), pages 1033-1049.
    4. Andrea Nigri & Susanna Levantesi & Gabriella Piscopo, 2022. "Causes-of-Death Specific Estimates from Synthetic Health Measure: A Methodological Framework," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 162(2), pages 887-908, July.
    5. Ahbab Mohammad Fazle Rabbi & Stefano Mazzuco, 2021. "Mortality Forecasting with the Lee–Carter Method: Adjusting for Smoothing and Lifespan Disparity," European Journal of Population, Springer;European Association for Population Studies, vol. 37(1), pages 97-120, March.
    6. Jorge M. Uribe & Helena Chuliá & Montserrat Guillen, 2018. "Trends in the Quantiles of the Life Table Survivorship Function," European Journal of Population, Springer;European Association for Population Studies, vol. 34(5), pages 793-817, December.
    7. Jaap Spreeuw & Iqbal Owadally & Muhammad Kashif, 2022. "Projecting Mortality Rates Using a Markov Chain," Mathematics, MDPI, vol. 10(7), pages 1-18, April.
    8. Carlo G. Camarda & Ugofilippo Basellini, 2021. "Smoothing, Decomposing and Forecasting Mortality Rates," European Journal of Population, Springer;European Association for Population Studies, vol. 37(3), pages 569-602, July.
    9. Sergei Scherbov & Dalkhat Ediev, 2016. "Does selection of mortality model make a difference in projecting population ageing?," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 34(2), pages 39-62.
    10. Pascariu, Marius D. & Canudas-Romo, Vladimir & Vaupel, James W., 2018. "The double-gap life expectancy forecasting model," Insurance: Mathematics and Economics, Elsevier, vol. 78(C), pages 339-350.
    11. Péter Vékás, 2020. "Rotation of the age pattern of mortality improvements in the European Union," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 28(3), pages 1031-1048, September.
    12. Basellini, Ugofilippo & Camarda, Carlo Giovanni & Booth, Heather, 2022. "Thirty years on: A review of the Lee-Carter method for forecasting mortality," SocArXiv 8u34d, Center for Open Science.
    13. Katrien Antonio & Anastasios Bardoutsos & Wilbert Ouburg, 2015. "Bayesian Poisson log-bilinear models for mortality projections with multiple populations," Working Papers Department of Accountancy, Finance and Insurance (AFI), Leuven 485564, KU Leuven, Faculty of Economics and Business (FEB), Department of Accountancy, Finance and Insurance (AFI), Leuven.
    14. Basellini, Ugofilippo & Kjærgaard, Søren & Camarda, Carlo Giovanni, 2020. "An age-at-death distribution approach to forecast cohort mortality," Insurance: Mathematics and Economics, Elsevier, vol. 91(C), pages 129-143.
    15. Pinheiro, Pedro Cisalpino & Queiroz, Bernardo L, 2018. "Regional Disparities in Brazilian Adult Mortality: an analysis using Modal Age at Death (M) and Compression of Mortality (IQR)," OSF Preprints t2ey3, Center for Open Science.
    16. Barigou, Karim & Goffard, Pierre-Olivier & Loisel, Stéphane & Salhi, Yahia, 2023. "Bayesian model averaging for mortality forecasting using leave-future-out validation," International Journal of Forecasting, Elsevier, vol. 39(2), pages 674-690.
    17. Apostolos Bozikas & Georgios Pitselis, 2018. "An Empirical Study on Stochastic Mortality Modelling under the Age-Period-Cohort Framework: The Case of Greece with Applications to Insurance Pricing," Risks, MDPI, vol. 6(2), pages 1-34, April.
    18. Olivieri, Annamaria & Pitacco, Ermanno, 2008. "Assessing the cost of capital for longevity risk," Insurance: Mathematics and Economics, Elsevier, vol. 42(3), pages 1013-1021, June.
    19. Doukhan, P. & Pommeret, D. & Rynkiewicz, J. & Salhi, Y., 2017. "A class of random field memory models for mortality forecasting," Insurance: Mathematics and Economics, Elsevier, vol. 77(C), pages 97-110.
    20. Christina Bohk-Ewald & Marcus Ebeling & Roland Rau, 2017. "Lifespan Disparity as an Additional Indicator for Evaluating Mortality Forecasts," Demography, Springer;Population Association of America (PAA), vol. 54(4), pages 1559-1577, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jrisks:v:8:y:2020:i:4:p:109-:d:431746. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.