Renshaw, Arthur; Haberman, Steven - In: Journal of the Royal Statistical Society Series C 52 (2003) 1, pp. 119-137
The paper presents a reinterpretation of the model underpinning the Lee-Carter methodology for forecasting mortality (and other vital) rates. A parallel methodology based on generalized linear modelling is introduced. The use of residual plots is proposed for both methods to aid the assessment...