Risk of Deatha Two-Step Method Using Wavelets and Piecewise Harmonic Interpolation

  1. Francisco G. Morillas
  2. Ismael Baeza
  3. José M. Pavia
Journal:
Estadística española

ISSN: 0014-1151

Year of publication: 2016

Volume: 58

Issue: 191

Pages: 245-264

Type: Article

More publications in: Estadística española

Abstract

In real populations, the qx values (the probabilities of dying with age x before reaching age x+1) are unknown and must be estimated from experience. To improve estimates, the relationships between consecutive qx values are ordinarily exploited using graduation techniques. In Baeza and Morillas (2011, 2016) the authors delve with graduation wavelet to estimate qx underlying values. Their approach and others as kernel graduation, however, suffers with small datasets due to their discrete approach and the nonlinear behavior of mortality. Hence, we propose a procedure that, via Piecewise Polynomial Harmonic interpolation (PPH), a nonlinear scheme of interpolation, generates information synthetically avoiding undesirables effects, such as Gibbs phenomenon and discontinuities.