TIME SERIES ANALYSIS OF THE RELATIONSHIP BETWEEN MORTALITY AND SELECTED ECONOMIC INDICATORS IN THE CZECH REPUBLIC

Changes in mortality rates are apparent for a long time. The main causes of death and the most common age of death are gradually changing not only in the Czech Republic. This paper will attempt to find a connection between the time series of mortality and selected socioeconomic indicators such as unemployment rate, level of economic activity, inflation rate, GDP, average wage and average retirement pension, share of the average pension and wage, etc. Mortality time series will be represented in this analysis indicator of life expectancy (for 0 and 65-years old men and women). There will be a trend analysis of time series and their possible use for predicting the future. Thispaper will focus on analysing time series only those between which we found relevant relationships. We want to verify between which series of mortality and socio-economic exist relationships, which may be expressed by using time series analysis. Time series will be based on individual data of deaths in the Czech Republic in the years 1990-2013.