This study sets out a backtesting framework applicable to the multi-period-ahead forecasts from stochastic mortality … models and uses it to evaluate the forecasting performance of six different stochastic mortality models applied to English … & Welsh male mortality data. The models considered are: Lee-Carter's 1992 one-factor model; a version of Renshaw …

This study sets out a framework to evaluate the goodness of fit of stochastic mortality models and applies it to six … different models estimated using English & Welsh male mortality data. The methodology exploits the structure of each model to …

countries, and accounting for historical gains against the standard deviation raises the total value of mortality declines …