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Comparison of Lifetable Series by SIS Deciles Using Two Different Methodological Approaches

November 2024

Author

Magali Barbieri, Ph.D.
Co-Director, Human Mortality Database Director, Director, U.S. Mortality Database
University of California, Berkeley

Overview

In the February 2024 paper, The Impact of Covid-19 on the Socioeconomic Differential in Mortality in the United States, the methodology for constructing the mortality by socioeconomic (SIS) deciles for the period 1982-2021 is presented. The author indicated research was being initiated to examine how to better estimate SIS decile mortality values for ages 85 and over considering abrupt mortality changes from year to year. This paper and two lifetables are the result of the initial investigation. In this study, Dr. Magali Barbieri develops the SIS decile lifetable values for 1982-2022 using two different approaches. One lifetable uses the current methodology for producing the values based on the Human Mortality Database protocols, while the other lifetable is the result of applying classic techniques. A comparison of the values produced by the two methods is performed and results are presented in the paper.

Report

Comparison of Lifetable Series by SIS Deciles Using Two Different Methodological Approaches

Datasets

Lifetables by Socioeconomic Decile (1982-2022)-HMD Methods

Lifetables by Socioeconomic Decile (1982-2022)-Classic Methods

Acknowledgments

The researcher’s deepest gratitude goes to those without whose efforts this project could not have come to fruition: the Project Oversight Group for their diligent work overseeing, reviewing and editing this report for accuracy and relevance.

Project Oversight Group members:

Jean-Marc Fix, FSA, MAAA
Sam Gutterman, FSA, MAAA, CERA, FCAS, FCA, HonFIA
Larry N. Stern, FSA, MAAA (Chair) At the Name, Credentials
At the Society of Actuaries Research Institute:
Barbara Scott, Senior Research Administrator
Ronora Stryker, ASA, MAAA, Sr. Practice Research Actuary
Patrick Wiese, ASA, Lead Modeling Actuary

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