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Mortality effects of temperature changes in the United Kingdom.

Authors :
Seklecka, Malgorzata
Pantelous, Athanasios A.
O'Hare, Colin
Source :
Journal of Forecasting; Nov2017, Vol. 36 Issue 7, p824-841, 18p
Publication Year :
2017

Abstract

Temperature changes are known to affect the social and environmental determinants of health in various ways. Consequently, excess deaths as a result of extreme weather conditions may increase over the coming decades because of climate change. In this paper, the relationship between trends in mortality and trends in temperature change (as a proxy) is investigated using annual data and for specified (warm and cold) periods during the year in the UK. A thoughtful statistical analysis is implemented and a new stochastic, central mortality rate model is proposed. The new model encompasses the good features of the Lee and Carter ( Journal of the American Statistical Association, 1992, 87: 659-671) model and its recent extensions, and for the very first time includes an exogenous factor which is a temperature-related factor. The new model is shown to provide a significantly better-fitting performance and more interpretable forecasts. An illustrative example of pricing a life insurance product is provided and discussed. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
02776693
Volume :
36
Issue :
7
Database :
Complementary Index
Journal :
Journal of Forecasting
Publication Type :
Academic Journal
Accession number :
125686736
Full Text :
https://doi.org/10.1002/for.2473