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Modelling and projecting mortality improvement rates using a cohort perspective

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      <subfield code="a">Haberman, Steven</subfield>
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      <subfield code="a">Modelling and projecting mortality improvement rates using a cohort perspective </subfield>
      <subfield code="c">Steven Haberman, Arthur Renshaw</subfield>
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      <subfield code="a">We investigate the feasibility of defining, modelling and projecting of (scaled) mortality improvement rates along cohort years-of-birth, that is, using a cohort perspective. This is in contrast to the approach in the literature which has considered mortality improvement rates that are defined by reference to changes in mortality rates over successive calendar years, that is, using a period perspective. In this paper, we offer a comparison of the 2 parallel approaches to modelling and forecasting using mortality improvement rates. Comparisons of simulated life expectancy and annuity value predictions (mainly by the cohort method) using the England & Wales population mortality experiences for males and females under a variety of controlled data trimming exercises are presented and comparisons are also made between the parallel cohort and period based approaches.</subfield>
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      <subfield code="w">MAP20077100574</subfield>
      <subfield code="t">Insurance : mathematics and economics</subfield>
      <subfield code="d">Oxford : Elsevier, 1990-</subfield>
      <subfield code="x">0167-6687</subfield>
      <subfield code="g">01/07/2013 Volumen 53 Número 1 - julio 2013 </subfield>
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      <subfield code="y">MÁS INFORMACIÓN</subfield>
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