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Longevity Complementarities Under Competing Risks
American Economic Review, 1999Many of the high-expenditure health programs established by international organizations or national and subnational governments involve disease-specific interventions, such as measles vaccinations, HIV education programs, mammogram screening, malaria prevention, and lung cancer research.
Tomas J. Philipson +2 more
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SSRN Electronic Journal, 2007
The uncertainty about the future mortality developments is referred to as longevity risk. This paper quanti…es the size of longevity risk premium which should be priced in various longevity-linked securities and annuity contracts. The goal of this project is to tackle the pricing di¢ culty emerged during the market innovation of the potential longevity-
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The uncertainty about the future mortality developments is referred to as longevity risk. This paper quanti…es the size of longevity risk premium which should be priced in various longevity-linked securities and annuity contracts. The goal of this project is to tackle the pricing di¢ culty emerged during the market innovation of the potential longevity-
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2017
Longevity is one of the greatest risks threatening the stability of our society. An anti-ageing breakthrough that slowed down our biological clocks would cause profound challenges for our society, particularly if it was a quick and cheap intervention. The adjustment would be difficult for politicians: many countries operate pay-as-you-go state pension ...
Douglas Anderson, Steven Baxter
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Longevity is one of the greatest risks threatening the stability of our society. An anti-ageing breakthrough that slowed down our biological clocks would cause profound challenges for our society, particularly if it was a quick and cheap intervention. The adjustment would be difficult for politicians: many countries operate pay-as-you-go state pension ...
Douglas Anderson, Steven Baxter
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Prospective Longevity Risk Analysis
British Actuarial Journal, 2009ABSTRACTMortality improvement has traditionally been analysed using an array of statistical methods, and extrapolated to make actuarial projections. This paper presents a forward-looking approach to longevity risk analysis which is based on stochastic modelling of the underlying causes of mortality improvement, due to changes in lifestyle, health ...
G. Woo +3 more
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