Common Factor Cause-Specific Mortality Model

نویسندگان

چکیده

Recent pension reforms in Europe have implemented a link between retirement age and life expectancy. The accurate forecast of tables expectancy is hence paramount for governmental policy financial institutions. We developed multi-population mortality model which includes cause-specific environment using Archimedean copulae to dependence various groups causes death. For this, Dutch data on cause-of-death from 14 comparable European countries were used. find that the inclusion common factor context increases robustness we underline forecasts foresee more pessimistic future than general models. Overall, this non-trivial extension robust copula specification commonly chosen parameters.

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ژورنال

عنوان ژورنال: Risks

سال: 2021

ISSN: ['2227-9091']

DOI: https://doi.org/10.3390/risks9120221