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Health and Wellbeing Profiles Across Europe

In: Mathematical and Statistical Methods for Actuarial Sciences and Finance

Author

Listed:
  • Aurea Grané

    (Universidad Carlos III de Madrid)

  • Irene Albarrán

    (Universidad Carlos III de Madrid)

  • Roger Lumley

    (Universidad Carlos III de Madrid)

Abstract

The main objective of this paper is to create profiles of older Europeans to better understand differing levels of dependency across Europe. Data comes from the latest wave of the Survey of Health, Ageing and Retirement in Europe (SHARE), carried out in 18 countries and representing over 124 million aged individuals in Europe. By using the information of around 30 variables of mixed type, we design four health composite indices for each respondent: self-perception of health, physical health and nutrition, mental agility and level of dependency. These indices are combined with a collection of descriptive variables via the k-prototypes clustering algorithm, leading to five profiles that segment the dataset into the least to the most individuals at risk of health and well-being.

Suggested Citation

  • Aurea Grané & Irene Albarrán & Roger Lumley, 2021. "Health and Wellbeing Profiles Across Europe," Springer Books, in: Marco Corazza & Manfred Gilli & Cira Perna & Claudio Pizzi & Marilena Sibillo (ed.), Mathematical and Statistical Methods for Actuarial Sciences and Finance, pages 265-271, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-78965-7_39
    DOI: 10.1007/978-3-030-78965-7_39
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