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Trends in Canadian mortality by pension level : evidence from the CPP and QPP

Recurso electrónico / Electronic resource
MARC record
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003  MAP
005  20210104134858.0
008  201228e20201201usa|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎6
100  ‎$0‎MAPA20200024477‎$a‎Wen, Jie
24510‎$a‎Trends in Canadian mortality by pension level‎$b‎: evidence from the CPP and QPP‎$c‎Jie Wen, Torsten Kleinow, Andrew J. G. Cairns
520  ‎$a‎This article looks at the mortality of Canadian pensioners subdivided by pension level using data from the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP). Differing pension levels (11 groups) are found to give rise to significant levels of mortality inequality at age 65, with a declining inequality gap as cohorts get older. We also find that levels of inequality have increased slightly over time, and that the QPP pensioners exhibit greater levels of inequality than CPP. Additionally, we find strong, but indirect, evidence among the lowest pension groups for a healthy immigrant effect. We fit a range of multipopulation stochastic mortality models to the CPP and QPP data and find that the common age effect model satisfies a range of quantitative and qualitative criteria. The model allows us to distill further detail from the underlying mortality data as well as provide a coherent basis for forecasting mortality and assessing uncertainty in these forecasts. Lastly, we use clustering methods to consider how significant the differences are between the 11 groups.
650 4‎$0‎MAPA20080555306‎$a‎Mortalidad
650 4‎$0‎MAPA20080552114‎$a‎Pensiones
650 4‎$0‎MAPA20100044407‎$a‎Personas mayores
650 4‎$0‎MAPA20080586447‎$a‎Modelo estocástico
650 4‎$0‎MAPA20080579258‎$a‎Cálculo actuarial
651 1‎$0‎MAPA20080637712‎$a‎Canadá
700  ‎$0‎MAPA20090009226‎$a‎Kleinow, T.
7001 ‎$0‎MAPA20080650001‎$a‎Cairns, Andrew J.G.
7730 ‎$w‎MAP20077000239‎$t‎North American actuarial journal‎$d‎Schaumburg : Society of Actuaries, 1997-‎$x‎1092-0277‎$g‎01/12/2020 Tomo 24 Número 4 - 2020 , p. 533-561