Report

Age-time interactions in mortality projection: Applying Lee-Carter to Australia

Publisher
Australia
Description

Application of the Lee-Carter method to Australian data shows that model assumptions are not always met because of age-time interactions.

In this article Heather Booth, John Maindonald and Len Smith adapt the Lee-Carter method to take account of departures from linearity in the dominant time component and the failure to satisfy the assumption of an invariant age component.

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