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We develop techniques to estimate the present day value of the future social security benefits of a retiree based upon their chosen date of retirement, the term structure of interest rates, and life expectancy forecasts. These valuation methods are then used to determine the optimal retirement...
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Infant mortality rate (IMR) has often been used as an indicator of human development. Thus, a basic understanding of the world would include a study of infant mortality rates. This paper shows world trends in infant mortality rates over the last 50 years. The major trend in IMR over the past...
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