This article proposes a new model that combines a neural network with a generalized linear model (GLM) to estimate and predict health transition intensities. We introduce neural networks to health transition modeling to incorporate socioeconomic and lifestyle factors and to allow for linear and...

Accurate old-age mortality projections for subnational areas are important for assessing health outcomes and valuing pension liabilities. However, subnational mortality data often face small sample sizes at older ages. In some countries, the underreporting of deaths and population numbers poses...

Strong and rising empirical evidence across countries finds that longevity is highly heterogeneous in key socioeconomic characteristics, including income. A positive relationship between lifetime income and life expectancy at retirement amounts to a straight tax/subsidy mechanism when the...

Using eight years of data drawn from the records of Australia's Centrelink agency, we describe the income, asset and decumulation patterns of over 10,000 age pensioners. Analysis of this longitudinal data set shows that age pensioners, on average, preserve both financial and residential wealth,...