Maccheroni, Carlo; Nocito, Samuel - In: Risks : open access journal 5 (2017) 3, pp. 1-23
This work proposes a backtesting analysis that compares the Lee–Carter and the Cairns–Blake–Dowd mortality models …, employing Italian data. The mortality data come from the Italian National Statistics Institute (ISTAT) database and span the …. We find that neither model was able to capture the improving shock on mortality observed for the male population on the …
