Şahin, Şule; Özen, Selin - In: Risks : open access journal 12 (2024) 3, pp. 1-24
nonrepetitive exogenous interventions. Therefore, mortality models incorporating jump effects are particularly important to capture … of the jumps, we also consider benchmark mortality models without jump effects, such as the Lee-Carter model, Renshaw and …. Moreover, we also examine the jump-free and jump models in terms of their impact on insurance pricing, specifically term …