Artikel
Experience prospective life-tables for the Algerian retirees
The aim of this paper is to construct prospective life tables adapted to the experience of Algerian retirees. Mortality data of the retired population are only available for the ages from 50 to 95 years and older and for the period from 2004 to 2013. The use of the conventional prospective mortality models is not supposed to provide robust forecasts given data limitation in terms of either exposure to death risk or data length. To improve forecasting robustness, we use the global population mortality as an external reference. The adjustment of the experience mortality on the reference allows projecting the age-specific death rates calculated based on the experience of the retired population. We propose a generalized version of the Brass-type relational model incorporating a quadratic effect to perform the adjustment. Results show no significant difference for men, either retired or not, but reveal a gap of over three years in the remaining life expectancy at age 50 in favor of retired women compared to those of the global population.
- Language
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Englisch
- Bibliographic citation
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Journal: Risks ; ISSN: 2227-9091 ; Volume: 7 ; Year: 2019 ; Issue: 2 ; Pages: 1-21 ; Basel: MDPI
- Classification
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Wirtschaft
- Subject
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forecasting
adjustment
experience mortality
reference mortality
retirees
Algeria
- Event
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Geistige Schöpfung
- (who)
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Flici, Farid
Planchet, Frédéric
- Event
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Veröffentlichung
- (who)
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MDPI
- (where)
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Basel
- (when)
-
2019
- DOI
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doi:10.3390/risks7020038
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Flici, Farid
- Planchet, Frédéric
- MDPI
Time of origin
- 2019
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