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subjective mortality beliefs on the value of delayed claiming and the optimal claiming ages of retired workers. Using the Health …; however, the average variance of age of death calculated from subjective mortality tables is 6.2%-14.4% lower than that from … mortality beliefs. As a result, we conclude that subjective mortality beliefs alone cannot explain the prevalence of early …
Persistent link: https://www.econbiz.de/10014513268
This paper examines how objective and subjective heterogeneity in life expectancy affects savings behavior of healthy and unhealthy people. Using data from the Health and Retirement Study, we first document systematic biases in survival beliefs across self‐reported health: those in poor health...
Persistent link: https://www.econbiz.de/10015053875
results. First, we show that the COVID-19 mortality age gap is not explained by younger susceptible populations in developing … COVID-19 spread such as residential crowding and labor informality are correlated with younger mortality age profiles across …
Persistent link: https://www.econbiz.de/10012587538
We use data from a large US life expectancy provider to test for asymmetric information in the secondary life insurance-or life settlements-market. We compare realized lifetimes for a subsample of settled policies relative to all (settled and nonsettled) policies, and find a positive...
Persistent link: https://www.econbiz.de/10012316215
The aim of this study was to assess the case fatality rate (CFR) of COVID-19 by performing a metaanalysis according to the air temperature and to determine if the temperature modifies the pandemic duration to the peak day for CFR of the COVID-19. A novel coronavirus spread began in December 2019...
Persistent link: https://www.econbiz.de/10012485743
The study analyses the demographic changes in five countries of the Western Balkans - Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia - which are associated with and are potential candidates for European Union (EU) member states. Due to a lack of data, Kosovo was...
Persistent link: https://www.econbiz.de/10013407470
Aim/purpose - This study investigated the nexus between labor force dynamics and economic performance in Nigeria, India, and China. Design/methodology - The study used annual time series data spanning from 1991 to 2021 obtained from World Development Indicators (WDI). After the unit root...
Persistent link: https://www.econbiz.de/10015422583
Mortality improvements and life expectancies have been increasing in recent decades, leading to growing interest in … understanding mortality risk and longevity risk. Studies of mortality forecasting are of interest among actuaries and demographers … because mortality forecasting can quantify mortality and longevity risks. There is an abundance of literature on the topic of …
Persistent link: https://www.econbiz.de/10013556651
Predicting the evolution of mortality rates plays a central role for life insurance and pension funds. Standard single … decomposition of the mortality surface into a polynomial basis. Then, we show how regularization techniques and cross-validation can … be used to obtain a parsimonious and coherent predictive model for mortality forecasting. We analyze how COVID-19-type …
Persistent link: https://www.econbiz.de/10012422898
Pooled annuity products, where the participants share systematic and idiosyncratic mortality risks as well as …
Persistent link: https://www.econbiz.de/10013363078