mortalityTable.trendProjection-class: Class mortalityTable.trendProjection - Cohort mortality table...

In MortalityTables: A Framework for Various Types of Mortality / Life Tables

Class mortalityTable.trendProjection - Cohort mortality table with age-specific trend

Description

A cohort mortality table, obtained by a trend projection from a given base table (PODs for a given observation year). Typically, the trend is obtained by the Lee-Carter method or some other trend estimation. The dampingFunction can be used to modify the cumulative years (e.g. G(tau+x) instead of tau+x) If trend2 is given, the G(tau+x) gives the weight of the first trend, 1-G(tau+x) the weight of the second trend

Slots

baseYear

The base year of the trend projection (baseTable describes the death probabilities in this year)

trend

The yearly improvements of the log-death probabilities (per age)

dampingFunction

A possible damping of the trend. This is a function damping(delta_years) that gets a vector of years from the baseYear and should return the dampened values.

trend2

The alternate trend. If given, the damping function interpolates between trend and trend2, otherwise the dumping function simply modifies the coefficients of trend.

Examples

obsTable = mortalityTable.trendProjection(
    name = "Const. table with trend",
    baseYear = 2018,
    ages = 0:15,
    deathProbs = rep(0.02, 16),
    trend = c(
         0.045, 0.04, 0.03, 0.04, 0.042, 0.041, 0.038, 0.035,
         0.032, 0.031, 0.028, 0.020, 0.015, 0.01, 0.005, 0))
# In 2018 the flat mortality can be seen
plotMortalityTables(obsTable, Period = 2018, title = "Period death probabilities 2018")
# In 2038, the age-specific trend affected the probabilities differently for 20 years:
plotMortalityTables(obsTable, Period = 2038, title = "Period death probabilities 2038")
# Consequently, a person born 2018 will also not have constand death probabilities
plotMortalityTables(obsTable, YOB = 2018, title = "Cohort death probabilities, YOB 2018")

plotMortalityTables(
    lapply(2018:2033, function(y) getCohortTable(obsTable, YOB = y)),
    title = "Cohort tables for different YOBs", legend.position = c(0.99, 0.01))
plotMortalityTables(
   lapply(2018:2033, function(y) getPeriodTable(obsTable, Period = y)),
   title = "Period tables for different years", legend.position = c(0.99, 0.01))

MortalityTables documentation built on Nov. 2, 2023, 5:52 p.m.