Best practice life expectancy has recently been modeled using extreme value theory. In this paper we present the Gumbel autoregressive model of order one-Gumbel AR(1)-as an option for modeling best practice life expectancy. This class of model represents a neat and coherent framework for...

Best practice life expectancy has recently been modeled using extreme value theory. In this paper we present the Gumbel autoregressive model of order one-Gumbel AR(1)-as an option for modeling best practice life expectancy. This class of model represents a neat and coherent framework for...