Publication:
Forecasting the Mortality Rates of Malaysian Population Using Lee-Carter Method

Simple item page
dc.ConferencecodeMath Assoc Malaysia
dc.ConferencedateNOV 24-26, 2015
dc.ConferencelocationUniv Teknologi Malaysia, Dept Math Sci, Johor Bahru, MALAYSIA
dc.Conferencename23rd Malaysian Annual National Symposium of Mathematical Sciences (SKSM)
dc.citedby6
dc.contributor.affiliationsFaculty of Science and Technology
dc.contributor.affiliationsUniversiti Sains Islam Malaysia (USIM)
dc.contributor.authorNgataman, Nen_US
dc.contributor.authorIbrahim, RIen_US
dc.contributor.authorYusuf, MMen_US
dc.date.accessioned2024-05-29T03:00:59Z
dc.date.available2024-05-29T03:00:59Z
dc.date.issued2016
dc.description.abstractThe population of many countries might undergo dramatic changes in the coming decades due to continuous increases in life expectancy. The sustained reduction in mortality rates and its systematic underestimation has been attracting the significant interest of researchers in recent years because of its potential impact on population size and structure, social security systems, and (from an actuarial perspective) the life insurance and pensions industry worldwide. Among all projection methods, the Lee-Carter method has been widely accepted by the actuarial community. This paper explores the use of the Lee-Carter method to forecast the mortality rates for Malaysian population. The index of the level of mortality for each gender, and the shape and sensitivity coefficients for 18 age groups were obtained through the LeeCarter method. The Singular Values Decomposition (SVD) is used to forecast the general index for the time period that goes from 2011 to 2030. Since the model involves nonlinear equations that are explicitly difficult to solve, the Matrix Laboratory Version 7.0 (MATLAB 7.0) software will be used in the study. The empirical data sets of Malaysia population for the period of 1981-2010 and for both genders will be considered.en_US
dc.description.natureFinal
dc.editorSalleh S.Maan N.Lee M.H.Yusof Y.M.Aris N.Ahmad T.Bahar A.Zainuddin Z.M.
dc.identifier.ArtNo20009
dc.identifier.doi10.1063/1.4954522
dc.identifier.isbn9780740000000
dc.identifier.issn0094-243X
dc.identifier.scopusWOS:000380802000009
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-84984588398&doi=10.1063%2f1.4954522&partnerID=40&md5=1b975a8ae9b6efb16c6212d957273341
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/11807
dc.identifier.volume1750
dc.languageEnglish
dc.language.isoen_USen_US
dc.publisherAmer Inst Physicsen_US
dc.relation.ispartofAdvances In Industrial And Applied Mathematicsen_US
dc.sourceWeb Of Science (ISI)
dc.titleForecasting the Mortality Rates of Malaysian Population Using Lee-Carter Methoden_US
dspace.entity.typePublication

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Forecasting the Mortality Rates of Malaysian Population Using Lee-Carter Method.pdf
Size:
573.39 KB
Format:
Adobe Portable Document Format
Download

Collections

Web of Science_WoS