Lin, Tzuling; Wang, Chou-Wen; Tsai, Cary Chi-Liang - In: Insurance: Mathematics and Economics 61 (2015) C, pp. 110-124
In this paper, we propose AR-GARCH (autoregression-generalized autoregressive conditional heteroskedasticity) models to fit and forecast mortality rates for a given age by two alternative approaches. Specifically, one approach is to fit a time series of mortality rates for some age to an...