This study sets out a backtesting framework applicable to the multi-period-ahead forecasts from stochastic mortality … models and uses it to evaluate the forecasting performance of six different stochastic mortality models applied to English … & Welsh male mortality data. The models considered are: Lee-Carter's 1992 one-factor model; a version of Renshaw …

This study sets out a framework to evaluate the goodness of fit of stochastic mortality models and applies it to six … different models estimated using English & Welsh male mortality data. The methodology exploits the structure of each model to …

countries, and accounting for historical gains against the standard deviation raises the total value of mortality declines …

; Mortality Risk Reductions ; Cost-benefit Analysis ; Forced Choice Questions … pollution regulations, however, are linked to reductions in the risk of dying for cancer, heart disease, and respiratory … higher when the risk reduction is delivered by a public program, and increases with the effectiveness rating assigned by the …

compensating wage differential for job safety risk revealed in the labor market via hedonic equilibrium outcomes. The decisions in … life year (VSLY), which have both mortality and morbidity aspects that we describe and apply here. All such tradeoff rates …

assumptions of full annuitization and deterministic health. Our framework can value the prevention of mortality and of illness … add $127 billion to the value of a one percent decline in future mortality …

component due to infant mortality, has exhibited even more convergence than life expectancy. Sustained reductions in the … total economic value of gains against mortality in the U.S. prior to 1950 but only about 5 percent since …

The fatality risk-money tradeoff that is the value of a statistical life (VSL) may vary with the nature of the fatality …. This article analyzes fatality risks accompanied by morbidity effects of different duration to disentangle the mortality … the sum of the value of the fatality risk and the value of the morbidity risk. Labor market valuations of morbidity risks …