Table 2 ARIMA (p,d,q) process selected to model the key mortality rate according to the corrected AIC 1975–2006
From: A simplified model for measuring longevity risk for life insurance products
Population | ARIMA model for \(\text {log}\left( \hat{q}_{y^{*},t}\right)\) |
|---|---|
Spain male | ARIMA (0, 1, 1) with drift |
Spain female | ARIMA (1, 1, 0) with drift |
France male | ARIMA (1, 1, 0) with drift |
France female | ARIMA (0, 1, 1) with drift |
US male | ARIMA (0, 1, 0) |
US female | ARIMA (0, 1, 0) |