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Calibrating Gompertz in reverse: What is your longevity-risk-adjusted global age?

Milevsky, Moshe A.·2020·Insurance: Mathematics and Economics
DOI 10.1016/j.insmatheco.2020.03.009PMC PMC7339829
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  • The mortality model sets T = 97.6 and M = 0.3319 based on cross-country evidence and calibrates β = 0.0966 so that life expectancy at birth matches the US value for 2018 of 78.9 years.

    “We set T = 97.6 and M = 0.3319 based on cross-country evidence39, and then calibrate β = 0.0966 so that LE at birth matches that in the US for 2018 (78.9 years).”

    From The economic value of targeting aging (2021) · cites this paper as [39]

    Table 2 and the ‘Estimates: Ages around the world’ section report cross-country plateau-age estimates of 98.033 years for males and 97.211 for females, consistent with using about 97.6 years for T. Table 2 does not report M = 0.3319 as a pooled plateau rate; it gives separate male and female estimates. The subsequent β calibration is presented in the citing sentence as the citing authors’ own step, not as a result attributed to this source. No page number is available in our copy. (LLM, conf=0.86)

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Metadata

Authors
Milevsky, M. A.
Venue
Insurance: Mathematics and Economics
Publisher
Elsevier BV
Published
2020-05
Volume
92
Pages
147-161
ISSN
0167-6687
DOI
10.1016/j.insmatheco.2020.03.009
PMC
PMC7339829
Cited by
23
References
2
Language
en
Licence
Funders
Schulich School of Business

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