Showing 1 - 10 of 24
We examine the long-run relationship between fertility, mortality, and incomeusing panel cointegration techniques and … the available data for the last century.Our main result is that mortality changes and growth of income per capita account … for amajor part of the fertility change characterizing the demographic transition. The fertilityreduction triggered by …
Persistent link: https://www.econbiz.de/10009302605
therise in the demand for human capital in the process of development was the main trigger forthe decline in fertility and the …
Persistent link: https://www.econbiz.de/10009486956
KIDS COUNT is a national and state-by-state effort to track the status of children in the U.S. Ten key measures …
Persistent link: https://www.econbiz.de/10005843278
We analyze the impact of short-run economic fluctuations on age-specific mortality usingBayesian time series … autoregressions of a latent mortality variable and of unemployment andGDP growth as main business cycle indicators. We find that young … adults noticeablydiffer from the rest of the population. They exhibit increased mortality in a recession,whereas most of the …
Persistent link: https://www.econbiz.de/10005862544
The empirical literature on the asset allocation and medical expenditures ofU.S. households consistently shows that risky portfolio shares are increasing inboth wealth and health whereas health investment shares are decreasing in thesesame variables. Despite this evidence, most of the existing...
Persistent link: https://www.econbiz.de/10005868769
Schon die Betrachtung der Sterblichkeit der gesetzlich Rentenversicherten macht deutlich das Sozioökonomische Merkmale … großen Einfluss auf die Sterblichkeit nehmen, wie folgende denVeröffentlichungen zur Herleitung der Sterbetafel DAV2004R der …
Persistent link: https://www.econbiz.de/10005846562
Bfihlmann-Straub credibility is used to find an estimate of the mortality lossratio for a company, relative to a … deviation to be added to the mortality rate (in accordance with thegeneral principle of Canadian statutory valuation) is derived... …
Persistent link: https://www.econbiz.de/10005847246
Wer für das Alter lebenslängliche Renten versichern will, braucht eine Versicherungseinrichtung, welche dieses Risiko für einen ganzen Kreis von Personen versichert. Dabei stützt sich die Versicherungseinrichtung auf die Erfahrung aus der Vergangenheit und benützt eine so genannte...
Persistent link: https://www.econbiz.de/10005847748
Economic evaluation of projects involving changes in mortality risk conventionally assumesthat lives are statistical, i ….e., that risks and policy-induced changes in risk are small andsimilar among a population. In reality, baseline mortality risks …
Persistent link: https://www.econbiz.de/10005858923
In a financial market with one riskless asset and n risky assets following geometric Brownian motions, we solve the problem of a pension fundmaximizing the expected CRRA utility of its terminal wealth. By considering a stochastic death time for a subscriber, we solve a unique problem for both...
Persistent link: https://www.econbiz.de/10005859125