Human mortality has been improving faster than expected over the past few decades. This unprecedented improvement has … been observed in historical mortality data. In this paper, we investigate the applicability of four nonlinear time … conditional heteroskedasticity model for mortality data. By analyzing the mortality data from England and Wales and Italy spanning …

In this paper, test procedures for no fractional cointegration against possible breaks in the persistence structure of … Breitung (2006) test statistic for no cointegration over possible breakpoints in the long-run equilibrium. We show that the new …

applications to the age-and sex-specific mortality rates in Switzerland and the Czech Republic. The point forecast errors of …This study considers the forecasting of mortality rates in multiple populations. We propose a model that combines … mortality forecasting and functional data analysis (FDA). Under the FDA framework, the mortality curve of each year is assumed …

selection criteria is applied to perform the model parameter estimation and mortality rate forecasting …Increasing the accuracy of forecasting of mortality rates and improving the projection of life expectancy is an … for retirement and pension plans. The existence of long memory in mortality data improves the understandings of features …

In this paper, we study the dynamics and drivers of sovereign bond yields in euro area countries using a factor model … mechanism of bond yields. Our key contribution is exploring both the global and the local dimensions of bond yield determinants … periphery euro area bond yields from the core countries yields following the financial crisis and the scope of their subsequent …

In this paper, we study the dynamics and drivers of sovereign bond yields in euro area countries using a factor model … mechanism of bond yields. Our key contribution is exploring both the global and the local dimensions of bond yield determinants … periphery euro area bond yields from the core countries yields following the financial crisis and the scope of their subsequent …