Age correspondence for different mortality regimes with and without the change point
Maxim S. Finkelstein
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Maxim S. Finkelstein: Max Planck Institute for Demographic Research, Rostock, Germany
No WP-2003-039, MPIDR Working Papers from Max Planck Institute for Demographic Research, Rostock, Germany
Abstract:
The mortality rates are steadily declining with time. The remaining lifetime for e.g. 65 years old person even 20-30 years ago was substantially smaller than nowadays. Therefore, the age correspondence problem for populations in different mortality regimes is of interest. A simple solution, based on the equality of accumulated mortality rates (or, equivalently, on the equality of probabilities of survival) is considered. Furthermore, the mortality regime with a change point is defined and the procedure of age re-calculation after the change point is suggested. Two age re-calculation models (and their combination) are discussed: the first one accounts for wear accumulation in the process of aging and the other is characterized by a kind of memoryless property.
JEL-codes: J1 Z0 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:dem:wpaper:wp-2003-039
DOI: 10.4054/MPIDR-WP-2003-039
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