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Alternative Assessments of the Longevity Trends

In: Mathematical and Statistical Methods for Actuarial Sciences and Finance

Author

Listed:
  • Valeria D’Amato

    (University of Salerno, Department of Statistics and Economics, Campus di Fisciano)

  • Steven Haberman

    (City University, Faculty of Actuarial Science and Insurance, Cass Business School)

  • Gabriella Piscopo

    (University of Genoa, Department of Economics)

  • Maria Russolillo

    (University of Salerno, Department of Statistics and Economics, Campus di Fisciano)

Abstract

The improvement of the longevity trend constitutes a great challenge for society. The long-term social and economic impact on health and care services as well as on the provision of pensions, annuities and insurance requires to accurately understand the uncertainty in the future evolution of life expectancy. The most popular and widely used model for projecting longevity is the well-known Lee Carter model. This study considers recent model enhancements in the present setting by comparing their main benefits and drawbacks.

Suggested Citation

  • Valeria D’Amato & Steven Haberman & Gabriella Piscopo & Maria Russolillo, 2014. "Alternative Assessments of the Longevity Trends," Springer Books, in: Cira Perna & Marilena Sibillo (ed.), Mathematical and Statistical Methods for Actuarial Sciences and Finance, edition 127, pages 73-76, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-05014-0_17
    DOI: 10.1007/978-3-319-05014-0_17
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