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A quantitative comparison of simulation strategies for mortality projection

Published online by Cambridge University Press:  26 August 2014

Jackie Li
Jackie Li*
Affiliation:
Curtin University, Australia
*
*Correspondence to: Jackie Li, Department of Mathematics & Statistics, GPO Box U1987 Perth, 6845 Western Australia. Tel: +618 92667171; Fax: +618 92663197. E-mail: jackie@actuarialworkshop.com
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Abstract

We compare quantitatively six simulation strategies for mortality projection with the Poisson Lee–Carter model. We test these strategies on New Zealand mortality data and discuss the simulated results of the mortality index, death rates, and life expectancy.

Keywords

simulation methodsmortality projectionPoisson Lee-Carter model

Information

Type
Papers
Information
Annals of Actuarial Science , Volume 8 , Issue 2 , September 2014 , pp. 281 - 297
Copyright
© Institute and Faculty of Actuaries 2014 

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