Forecasting Mortality for Kazakhstan Using the Lee Carter Model

Akzharkyn Knykova () and Azat Sapin ()
Additional contact information
Akzharkyn Knykova: Al Farabi Kazakh National University Almaty Kazakhstan, Postal: KZ
Azat Sapin: JSC Subsidiary of Halyk Bank of Kazakhstan Life Insurance Company Halyk Life Kazakhstan, Postal: KZ

Journal of Advanced Research in Law and Economics, 2017, vol. 8, issue 6, 1798-1811

Abstract: The Lee Carter Model is one of the most popular methodologies for forecasting mortality rates The model has been used very successfully in the U S and several other countries The purpose of this paper is to develop general and sex specific mortality forecasting model using historical mortality data for Kazakhstan from 1999 to 2015 based on the statistical time series techniques attributed to Lee and Carter 1992 The Singular Value Decomposition SVD is used to estimate the model s parameters and the autoregressive moving average ARIMA is used to forecast general and sex specific mortality rates for the time period from 2016 to 2021 Also forecasted values of life expectancy are obtained for both males and females using forecasts of mortality rates

Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:srs:jarle0:v:8:y:2017:i:6:p:1798-1811

Access Statistics for this article

Journal of Advanced Research in Law and Economics is currently edited by Madalina Constantinescu

More articles in Journal of Advanced Research in Law and Economics from ASERS Publishing
Bibliographic data for series maintained by Claudiu Popirlan ( this e-mail address is bad, please contact ).