Can Personal Dependency Paths Help to Estimate Life Expectancy Free of Dependency?

Irene Albarrán (), Pablo Alonso González, Ana Arribas-Gil () and Aurea Grané ()
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Irene Albarrán: Universidad Carlos III de Madrid
Ana Arribas-Gil: Universidad Carlos III de Madrid
Aurea Grané: Universidad Carlos III de Madrid

A chapter in Mathematical and Statistical Methods for Actuarial Sciences and Finance, 2014, pp 1-5 from Springer

Abstract: Abstract The aging of population is perhaps the most important problem that developed countries must face in the near future. In fact, one of the eight tackling societal challenges of the European program Horizon 2020 is concerned with it. Dependency can be seen as a consequence of the process of gradual aging. Therefore, its prevalence on the population, its intensity and evolution over the course of a person’s life have relevant economic, political and social implications. From data base EDAD 2008 the authors constructed a pseudo panel that registers personal evolution of the dependency scale according to the Spanish legislation and obtained individual dependency curves. In this work, our aim is to estimate life expectancy free of dependency using categorical data and the functional information contained in these trajectories.

Keywords: Dependency; Functional data; Life expectancy (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-05014-0_1

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DOI: 10.1007/978-3-319-05014-0_1

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