@inbook{ffed228c1d9a4cffbedf6aecfdfb7c19,
title = "Coherent Mortality Forecasting with Standards: Low Mortality Serves as a Guide",
abstract = "Mortality forecasts are an important component of population forecasting and are central to the estimation of longevity risk in actuarial practice. Planning by the state for health and aged care services and by individuals for retirement and later life depends on accurate mortality forecasts. The overall accuracy or performance of mortality forecasting has improved since Lee and Carter (1992) introduced stochastic forecasting of mortality to the demographic community, and further improvements can undoubtedly be made.",
author = "Heather Booth",
note = "Publisher Copyright: {\textcopyright} 2020, The Author(s).",
year = "2020",
doi = "10.1007/978-3-030-42472-5_8",
language = "English",
series = "Springer Series on Demographic Methods and Population Analysis",
publisher = "Springer Science and Business Media B.V.",
pages = "153--178",
booktitle = "Springer Series on Demographic Methods and Population Analysis",
address = "Germany",
}