Stochastic Mortality Models. Application to CR mortality data
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F14%3A39898365" target="_blank" >RIV/00216275:25410/14:39898365 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1007/978-3-319-05014-0_26" target="_blank" >http://dx.doi.org/10.1007/978-3-319-05014-0_26</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/978-3-319-05014-0_26" target="_blank" >10.1007/978-3-319-05014-0_26</a>
Alternative languages
Result language
angličtina
Original language name
Stochastic Mortality Models. Application to CR mortality data
Original language description
The ageing process is a great challenge for many European countries, not excluding the Czech Republic (CR) and it brings financial risk in areas such as social policy, pensions and health care. The motivation for this paper is to compare various mortality models. We have attempted to explain mortality improvements for males aged 62-90 in the CR using a several stochastic mortality models. We compare quantitatively number of stochastic models explaining improvements in mortality rates in the CR. It is clear that mortality improvements are driven by an underlying process that is stochastic. Numbers of stochastic models have been developed to analyse these mortality improvements. We will deal in models such as Lee-Carter model, Renshaw and Haberman model,Aged-Periodic-Cohort model (APC), Cairns-Blake-Dowd model (CBD) and their extensions. Each model is fitted to the male data between 1968 and 2011. Our analysis focuses on mortality at higher ages (62-90), given our interest in pensionrel
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
BB - Applied statistics, operational research
OECD FORD branch
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Result continuities
Project
<a href="/en/project/EE2.3.30.0058" target="_blank" >EE2.3.30.0058: Development of Research Teams at the University of Pardubice</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Mathematical and Statistical Methods for Actuarial Sciences and Finance - MAF 2014
ISBN
978-3-319-05013-3
ISSN
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e-ISSN
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Number of pages
4
Pages from-to
113-116
Publisher name
Springer
Place of publication
Heidelberg
Event location
Salerno
Event date
Apr 22, 2014
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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