Mortality projections for higher educational attainment with semi-parametric accelerated hazard relational models
Meitner Cadena () and
Michel Denuit
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Meitner Cadena: Universidad de las Fuerzas Armadas
Michel Denuit: Université Catholique de Louvain (UCL)
Decisions in Economics and Finance, 2023, vol. 46, issue 2, No 9, 569-582
Abstract:
Abstract The semiparametric accelerated hazard relational models proposed by Cadena and Denuit (Insurance Math. Econ. 68:1–16, 2016) are built from a reference life table by distorting the age scale. Individuals are made younger or older before performing the computations with the reference life table. In this paper, the mortality of individuals with higher educational attainment is modeled by means of an accelerated hazard relation specification. It is then projected by reference to the general population, using two different approaches. Numerical illustrations are performed on US mortality statistics.
Keywords: Life tables; Accelerated hazard; Poisson regression; Mortality projection; Mortality differentials; Education (search for similar items in EconPapers)
JEL-codes: C01 C02 C14 (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s10203-023-00391-4
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