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A Quantitative Comparison of Multiple Population Mortality Model on Some East Asian Countries and Regions

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  • Ming Zhao
  • Xiaojun Wang
  • Yu Liu
  • Jiali Shen

Abstract

This paper reviews the progress of the multiple population mortality model and the defects in parameter estimation and proposes an effective method to improve the performance of the mortality model. We set up a multiple population group, using the data of mainland China, Hong Kong (China), and Japan, to test fitting performance and forecasting performance. Using the TSWLS and TSSVD methods in a multiple population stochastic mortality model has advantages in fitting performance and robustness. In addition, the forecasting value of mortality ratio between any two populations can converge to a fixed constant in a certain time period which obeys the regular of human biological characteristics.

Suggested Citation

  • Ming Zhao & Xiaojun Wang & Yu Liu & Jiali Shen, 2020. "A Quantitative Comparison of Multiple Population Mortality Model on Some East Asian Countries and Regions," Mathematical Problems in Engineering, Hindawi, vol. 2020, pages 1-8, April.
    • Handle: RePEc:hin:jnlmpe:3469486
    DOI: 10.1155/2020/3469486
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