Some comments on “A Hermite spline approach for modelling population mortality” by Tang, Li & Tickle (2022)

Abstract

AbstractTang et al. (2022) propose a new class of models for stochastic mortality modelling using Hermite splines. There are four useful features of this class that are worth emphasising. First, for single-sex datasets, this new class of projection models can be fitted as a generalised linear model. Second, these models can automatically extrapolate mortality rates to ages above the maximum age of the data set. Third, simpler sub-variants of the models exist for forecasting when one of the variables lacks a clear drift. Finally, a minor reparameterisation increases the quality of long-range forecasts of period mortality.