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Does the Mortality Decline Promote Economic Growth?
Malthus Survival Probability Fertility Education Population Growth
2015/9/21
This paper analyzes qualitatively and quantitatively the effects of declining mortality
rates on fertility, education and economic growth. The analysis demonstrates that if
individuals are pru...
Valuing Mortality Risk Reductions: Progress and Challenges
Progress and Challenges Risk Reductions
2015/9/18
Hammitt thanks the Institut National de Recherche Agronomique and the European Research Council
(FP7/2007-2013 grant agreement no. 230589) for financial support. The views expressed herein are
those...
Bozzoli and Quintana-Domeque are associated with the Economics Department, and with
the Research Program in Development Studies and the Industrial Relations Section,
respectively. Deaton is associ...
Optimal retirement consumption with a stochastic force of mortality
lifecycle consumption stochastic mortality survival curve matching JEL codes
2012/6/4
We extend the lifecycle model (LCM) of consumption over a random horizon (a.k.a. the Yaari model) to a world in which (i.) the force of mortality obeys a diffusion process as opposed to being determin...
Quantifying mortality risk in small defined-benefit pension schemes
Small de ned-bene t pension scheme mortality risk idiosyncratic risk systematic risk Euler capital allocation principle stochastic mortality coecient of variation
2011/7/19
A risk of small de ned-bene t pension schemes is that there are too few members to eliminate idiosyncratic mortality risk, that is there are too few members to e ectively pool mortality risk. This mea...
Socio - Economic Factors Affecting Under Five Mortality in South Africa -An Investigative Study
sensitive index environmental hazard factors
2011/6/1
The levels of infant and child mortality are the two sensitive and widely used indicators of socio-economic development. The child mortality rate is a refined and sensitive index of the total cultural...
A simple model of mortality trends aiming at universality: Lee Carter + Cohort
mortality trends aiming universality
2010/10/19
The Lee Carter modelling framework is widely used because of its simplicity and robustness despite its inability to model specific cohort effects. A large number of extensions have been proposed that ...
A simple model of mortality trends aiming at universality: Lee Carter + Cohort
mortality trends Lee Carter + Cohort universality
2010/4/27
The Lee Carter modelling framework is widely used because of its simplicity and robustness despite its inability to model specific cohort effects. A large number of extensions have been proposed that ...
Income inequality and mortality in U.S. cities: Weighing the evidence. A response to Ash.
Inequality Race Health inequality Mortality Geography USA
2014/3/17
Deaton and Lubotsky (2003) found that the robust positive relationship across American cities between mortality and income inequality became small, insignificant, and/or non-robust once they con...
Hedging Pure Endowments with Mortality Derivatives
Mortality Derivatives Pricing of Securities
2010/12/13
In recent years, a market for mortality derivatives began developing as a way to handle systematic mortality risk, which is inherent in life insurance and annuity contracts. Systematic mortality risk...
This paper investigates whether subjective expectations about future mortality affect consumption and bequests motives. We estimate a dynamic life-cycle model based on subjective survival rates and we...
I present a model of mortality and income which attempts to integrate the “gradient,” the negative relationship between income and mortality, with the Wilkinson hypothesis, that income inequality pose...