• The Korean Journal of Applied Statistics
• /
• v.24 no.1
• /
• pp.115-125
• /
• 2011

By use of a mortality forecasting model and a life table, forecasting the average life expectancy is an effective way to evaluate the future mortality level. There are differences between the actual values of average life expectancy at present and the forecasted values of average life expectancy in population projection 2006 from Statistics Korea. The reason is that the average life expectancy forecasts did not reflect the increasing speed of the actual ones. The main causes of the problem may be errors from judgment for projection, from choice, or use of a mortality forecasting model. In this paper, we focus on the choice of the mortality forecasting model to inspect this problem. Statistics Korea should take a mortality forecasting model with considerable investigation to proceed population projection 2011 without the errors observed in population projection 2006. We compare the five mortality forecasting models that are the LC(Lee and Carter) model used widely and its variants, and the HP8(Heligman and Pollard 8 parameter) model for handling death probability. We make average life expectancy forecasts by sex using modeling results from 2010 to 2030 and compare with that of the population projection 2006 during the same period. The average life expectancy from all five models are forecasted higher than that of the population projection 2006. Therefore, we show that the new average life expectancy forecasts are relatively suitable to the future mortality level.

• Korea journal of population studies
• /
• v.34 no.3
• /
• pp.157-177
• /
• 2011

This paper examines the performance of the coherent Lee-Carter method for the mortality forecasting for the Republic of Korea combined with Japan and the Taiwan Province of China as a group by comparing it with the separately applied Lee-Carter method. It narrowed the gap of life expectancies between three countries from 6.8 years to 3.0 years in 2050, with higher life expectancy forecasts for the Taiwan Province of China and lower ones for Japan than with the separate forecast. This method did not affect the sex-combined life expectancy forecast for the Republic of Korea, but it accelerated the mortality decline for ages 65 and over and decelerated it for the younger age groups, diminishing sex differentials of life expectancy at a slower speed. It suggests that the integration of regional mortality information into mortality forecasting of one country gives several advantages in terms of short run fit within each country as well as long run convergence between countries, a modification of the age pattern of mortality decline, and a consistent application of the forecasting of subgroups within a country.

• The Korean Journal of Applied Statistics
• /
• v.18 no.3
• /
• pp.639-654
• /
• 2005

The Lee and Carter method has widely used to forecast mortality because of the simple structure of model and the stable forecasting. The Lee and Carter method, however, also has limitations. The assumption of the rate of decline in mortality at each age remaining invariant over time has been violated in several decades. And, there is no way to include covariates in the model for better forecasts. Here we introduce Park, Choi and Kim method to make up for Lee and Carter's weak points by using two random processes. We discuss structural features of two methods. furthermore, for each method, we forecast life expectancy for 2005 to 2050 using South Korea data and compare the results.

• East Asian mathematical journal
• /
• v.35 no.3
• /
• pp.305-318
• /
• 2019

Over the past decades, the Lee-Carter model [1] has attracted much attention from various demography-related fields in order to project the future mortality rates. In the Lee-Carter model, the speed of mortality improvement is stochastically modeled by the so-called mortality index and is used to forecast the future mortality rates based on the time series analysis. However, the modeling is applied to long time series and thus an important structural change might exist, leading to potentially large long-term forecasting errors. Therefore, in this paper, we are interested in detecting the structural change of the Lee-Carter model and investigating the actuarial implications. For the purpose, we employ the tests proposed by Coelho and Nunes [2] and analyze the mortality data for six countries including Korea since 1970. Also, we calculate life expectancies and whole life insurance premiums by taking into account the structural change found in the Korean male mortality rates. Our empirical result shows that more caution needs to be paid to the Lee-Carter modeling and its actuarial applications.

• Proceedings of the Korean Statistical Society Conference
• /
• 2005.11a
• /
• pp.49-53
• /
• 2005

• Asian Pacific Journal of Cancer Prevention
• /
• v.13 no.9
• /
• pp.4501-4504
• /
• 2012

In recent decades, decreasing trends in esophageal cancer mortality have been observed across China. We here describe esophageal cancer mortality trends in Linzhou city, a high-incidence region of esophageal cancer in China, during 1988-2010 and make a esophageal cancer mortality projection in the period 2011-2020 using a Bayesian approach. Age standardized mortality rates were estimated by direct standardization to the World population structure in 1985. A Bayesian age-period-cohort (BAPC) analysis was carried out in order to investigate the effect of the age, period and birth cohort on esophageal cancer mortality in Linzhou during 1988-2010 and to estimate future trends for the period 2011-2020. Age-adjusted rates for men and women decreased from 1988 to 2005 and changed little thereafter. Risk increased from 30 years of age until the very elderly. Period effects showed little variation in risk throughout 1988-2010. In contrast, a cohort effect showed risk decreased greatly in later cohorts. Forecasting, based on BAPC modeling, resulted in a increasing burden of mortality and a decreasing age standardized mortality rate of esophageal cancer in Linzhou city. The decrease of esophageal cancer mortality risk since the 1930 cohort could be attributable to the improvements of socialeconomic environment and lifestyle. The standardized mortality rates of esophageal cancer should decrease continually. The effect of aging on the population could explain the increase in esophageal mortality projected for 2020.

• Korea journal of population studies
• /
• v.33 no.1
• /
• pp.161-189
• /
• 2010

Dealing with uncertainty has been a critical issue in demographic and population forecasting since 1980. This study reviews methodological developments in demographic and population forecasting over the last several decades. First, this study reviews the important issue of the uncertainty surrounding demographic forecasts. Several limitations of the traditional scenario approach to dealing with uncertainty are also discussed. Second, in forecasting demographic processes such as mortality, fertility, and migration, three approaches of stochastic forecasting are identified and discussed: expert judgment, statistical modeling, and analysis of historical forecast errors. Finally, this study discusses the current issues and directions for future research in stochastic demographic forecasting.

• 한국방재학회:학술대회논문집
• /
• 2008.02a
• /
• pp.89-92
• /
• 2008

The extreme heat watch warning system(EHWWS) that Korea Meterological Administration carried out a preliminary from July 1, 2007, considered both daily maximum temperature and daily maximum heat index simultaneously. It was requested revision of the standard level of EHWWS to solve the difficulty of forecasting occurred when we were considering two parameters simultaneously and we did not considering heat index according to areas. For this, we established three type standard, such as type 1 that considered both daily maximum temperature and daily maximum heat index, Under the extreme heat day that daily minimum temperature was more than $25^{\circ}C$, type 2 that considered daily maximum temperature and type 3 that considered only daily maximum heat index and then analyzed whether these 3 types satisfies the excess mortality of the extreme heat warning or not. As a results, type 1 and 2 were more explain away excess mortality each warning step than type 3. type 2 could also apply case of not to consider heat index according to areas and had a merit for extreme heat forecasting easily because the standard was simple. Therefore we think type 2 is more suitable and reasonable standard for Korea extreme heat watch warning system(KEHWWS) than type 1. In addition, we need to develop model that exactly predicts the excess mortality will be take place during the extreme heat warning and construct KEHWWS.

• Communications for Statistical Applications and Methods
• /
• v.28 no.5
• /
• pp.521-536
• /
• 2021

As life expectancies increase continuously over the world, the accuracy of forecasting mortality is more and more important to maintain social systems in the aging era. Currently, the most popular model used is the Lee-Carter model but various studies have been conducted to improve this model with one of them being 6-parametric factor model (6-PFM) which is introduced in this paper. To this new model, long short-term memory (LSTM) and regularized LSTM are applied in addition to vector autoregression (VAR), which is a traditional time-series method. Forecasting accuracies of several models, including the LC model, 4-PFM, 5-PFM, and 3 6-PFM's, are compared by using the U.S. and Korea life-tables. The results show that 6-PFM forecasts better than the other models (LC model, 4-PFM, and 5-PFM). Among the three 6-PFMs studied, regularized LSTM performs better than the other two methods for most of the tests.

• Korea journal of population studies
• /
• v.29 no.2
• /
• pp.27-51
• /
• 2006

In this paper, I have tested various kinds of methods for mortality projection and chose Lee-Carter method for projection of Korean mortality by age and sex. I reviewed the trends of life tables and life expectancies by age and sex from 2005 to 2050 projected by Lee-Carter method and found that the method was very applicable for Korean mortality projection. The differences between reported and estimated data for the period of 1971-2003 were small enough for both sexes and for all of the age groups. The projected life expectancies in 2051 were 82.73 years for males and 89.41 for females, and the differences decreased from 7.06 years in 2005 to 6.68 years. Because of the limitation of Korean infant mortality rate, I adopted the Japanese estimated IMR in 2050 as Korean object level in 2051. When the time series of IMR become long enough, we can use Korean IMR directly for the mortality projection. In addition, if we can estimate the changes of the main cause of death correctly in future, the mortality projection will be more correct and reliable. This will be available when we can produce a long series of life tables by cause of deaths.