Alai, Daniel; Sherris, Michael - ARC Centre of Excellence in Population Ageing Research … - 2012
cohort effects as compared to period effects. Results are compared with the traditional Lee-Carter model. The bilinear period … effect in the Lee-Carter model is shown to resemble a main cohort effect in these trend models. However the approach avoids … the limitations of the Lee-Carter model when forecasting with the age-cohort trend model. …