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Persistence in UK Historical Data on Life Expectancy

Author

Listed:
  • Guglielmo Maria Caporale

    (Brunel University London)

  • Juan Infante

    (University Villanueva)

  • Marta Rio

    (University Villanueva)

  • Luis A. Gil-Alana

    (University of Navarra
    Universidad Francisco de Vitoria)

Abstract

This paper provides estimates of persistence in historical UK data on life expectancy applying fractional integration methods to both an annual series from 1842 to 2019 and a 5-year average from 1543 to 2019. This method is the most appropriate for our purposes since it is more general and flexible than the classical methods based on integer differentiation. The results indicate that the former exhibits an upward trend and is persistent but mean reverting; the same holds for the latter, though its degree of persistence is higher. Similar results are obtained for the logged values. On the whole, this evidence suggests that the effects of shocks to the series are transitory though persistent, which is useful information for policy makers whose task is to take appropriate measures to increase life expectancy.

Suggested Citation

  • Guglielmo Maria Caporale & Juan Infante & Marta Rio & Luis A. Gil-Alana, 2023. "Persistence in UK Historical Data on Life Expectancy," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 42(4), pages 1-11, August.
    • Handle: RePEc:kap:poprpr:v:42:y:2023:i:4:d:10.1007_s11113-023-09813-y
    DOI: 10.1007/s11113-023-09813-y
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    References listed on IDEAS

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    More about this item

    Keywords

    Life expectancy; Long memory; Fractional integration;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C40 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - General
    • D60 - Microeconomics - - Welfare Economics - - - General

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