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Systematic mortality improvement trends and mortality heterogeneity : insights from individual-level HRS data

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
LDR  00000cab a2200000 4500
001  MAP20190021111
003  MAP
005  20190715150856.0
008  190708e20190603usa|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎6
1001 ‎$0‎MAPA20190009515‎$a‎Xu, Mengyi
24500‎$a‎Systematic mortality improvement trends and mortality heterogeneity‎$b‎: insights from individual-level HRS data‎$c‎Mengyi Xu, Michael Sherris, Ramona Meyricke
300  ‎$a‎24 p.
520  ‎$a‎Providers of life annuities and pensions need to consider both systematic mortality improvement trends and mortality heterogeneity. Although how mortality improvement varies with age and gender at the population level is well studied, how trends vary with risk factors remains relatively unexplored. This article assesses how systematic mortality improvement trends vary with individual risk characteristics using individual-level longitudinal data from the U.S. Health and Retirement Study between 1994 and 2009. Initially a Lee-Carter model is used to assess mortality improvement trends by grouping individuals with similar risk characteristics of gender, education, and race. We then fit a longitudinal mortality model to individual-level data allowing for heterogeneity and time trends in individual-level risk factors. Our results show how survey data can provide valuable insights into both mortality heterogeneity and improvement trends more effectively than commonly used aggregate models. We show how mortality improvement differs across individuals with different risk factors. Significantly, at an individual level, mortality improvement trends have been driven by changes in health history such as high blood pressure, cancer, and heart problems rather than risk factors such as education, marital status, body mass index, and smoker status.
650 4‎$0‎MAPA20120019492‎$a‎Tendencias
650 4‎$0‎MAPA20080555306‎$a‎Mortalidad
650 4‎$0‎MAPA20100065273‎$a‎Modelo Lee-Carter
650 4‎$0‎MAPA20080604394‎$a‎Valoración de riesgos
7001 ‎$0‎MAPA20080179083‎$a‎Sherris, Michael
7001 ‎$0‎MAPA20130014067‎$a‎Meyricke, Ramona
7730 ‎$w‎MAP20077000239‎$t‎North American actuarial journal‎$d‎Schaumburg : Society of Actuaries, 1997-‎$x‎1092-0277‎$g‎03/06/2019 Tomo 23 Número 2 - 2019 , p. 197-219