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Pension fund populations often have mortality experiences that are substantially different from the national benchmark. In a motivating case study of Brazilian corporate pension funds, pensioners are observed to have mortality that is…

Applications · Statistics 2025-06-05 Eduardo F. L. de Melo , Michael Ludkovski , Rodrigo S. Targino

We conduct a randomized experiment that varies one-time health insurance subsidy amounts (partial and full) in Ghana to study the impacts of subsidies on insurance enrollment and health care utilization. We find that both partial and full…

General Economics · Economics 2021-05-04 Patrick Opoku Asuming , Hyuncheol Bryant Kim , Armand Sim

We investigate the extent to which groups with elevated mortality rates ex ante might opt out of guaranteed national pensions in favour of demographically aligned plans, which we label equitable longevity risk sharing (ELRiS) pools, even if…

General Economics · Economics 2025-12-02 Moshe A. Milevsky , Thomas S. Salisbury , Robyn Allen

We conducted a prospective analysis of incident dementia and its association with 65 sociodemographic, early-life, economic, health and behavioral, social, and genetic risk factors in a sample of 7,908 adults over the age of 50 from the…

Applications · Statistics 2021-01-27 Jordan Weiss , Eli Puterman , Aric A. Prather , Erin B. Ware , David H. Rehkopf

We quantitatively explore the impact of social security reforms in Japan, which is facing rapid aging and the highest government debt among developed countries, using an overlapping generations model with four types of agents distinguished…

General Economics · Economics 2022-10-27 Hirokuni Iiboshi , Daisuke Ozaki

Forecasts of mortality provide vital information about future populations, with implications for pension and health-care policy as well as for decisions made by private companies about life insurance and annuity pricing. Stochastic…

Applications · Statistics 2018-06-21 Jason Hilton , Erengul Dodd , Jonathan J. Forster , Peter W. F. Smith

Using unique research data, we investigate disability retirement risk under the statutory public sector pension scheme in Finland. The statistical analysis yields two indicators: risk for upcoming permanent disability pension and critical…

General Economics · Economics 2024-10-29 Petra Sohlman , Risto Louhi , Janne Salonen

We use life annuity prices to extract information about human longevity using a framework that links the term structure of mortality and interest rates. We invert the model and perform nonlinear least squares to obtain implied longevity…

Mathematical Finance · Quantitative Finance 2018-11-27 Moshe A. Milevsky , Thomas S. Salisbury , Alexander Chigodaev

Older male workers exhibit diverse retirement behaviors across occupations and respond differently to policy changes, influenced significantly by the part-time penalty-wage reduction faced by part-time workers compared to their full-time…

General Economics · Economics 2025-06-26 Kanta Ogawa

There is sustained and widespread interest in understanding the limit, if any, to the human lifespan. Apart from its intrinsic and biological interest, changes in survival in old age have implications for the sustainability of social…

Applications · Statistics 2021-04-19 Léo R. Belzile , Anthony C. Davison , Jutta Gampe , Holger Rootzén , Dmitrii Zholud

The need for efficient and sustainable software to improve business and achieve goals cannot be over-emphasized. Sustainable digital services and product delivery cannot be achieved without embracing sustainable software design practices.…

Software Engineering · Computer Science 2022-09-27 Mikhail Ola Adisa , Shola Oyedeji , Jari Porras

We employ stochastic dynamic microsimulations to analyse and forecast the pension cost dependency ratio for England and Wales from 1991 to 2061, evaluating the impact of the ongoing state pension reforms and changes in international…

Econometrics · Economics 2019-09-26 Agnieszka Werpachowska

We study long-run selection and treatment effects of a health insurance subsidy in Ghana, where mandates are not enforceable. We randomly provide different levels of subsidy (1/3, 2/3, and full), with follow-up surveys seven months and…

General Economics · Economics 2019-06-18 Patrick Asuming , Hyuncheol Bryant Kim , Armand Sim

As life expectancy in Kenya increases, so does the need for efficient pension schemes that can secure a dignified retirement and protect members from old age poverty. Limited research, however, has explored the efficiency of these schemes…

Risk Management · Quantitative Finance 2025-11-17 Sylvester Willys Namagwa

The face is a rich source of information that can be utilized to infer a person's biological age, sex, phenotype, genetic defects, and health status. All of these factors are relevant for predicting an individual's remaining lifespan. In…

Computer Vision and Pattern Recognition · Computer Science 2023-01-20 Amir Fekrazad

We study the gap between the state pension provided by the Italian pension system pre-Dini reform and post-Dini reform. The goal is to fill the gap between the old and the new pension by joining a defined contribution pension scheme and…

Risk Management · Quantitative Finance 2018-06-12 Alessandro Milazzo , Elena Vigna

Thailand has entered into an aging society since the year 2000. Using the 2017 Survey of the Older Persons in Thailand collected by Thailand National Statistical Office, this study uses cross tabulation, random forest with variable…

Applications · Statistics 2025-12-24 Krittiya Kantachote , Nathakhun Wiroonsri

Many countries around the world have had to carry out radical reforms periodically in their pension systems. Global experience shows that it is important to optimize the costs of pension and social security systems in order to ensure a…

General Finance · Quantitative Finance 2022-02-28 Marika Khozrevanidze

The issue of longevity has been long time recognized as one of key concepts in demography. A particular aspect of longevity addressed in this paper is the difference in average observed duration of life for female and male population,…

Physics and Society · Physics 2019-05-09 Toni Cosic , Roko Misetic , Hrvoje Stefancic

Adult death rates are a critical indicator of population health and wellbeing. Wealthy countries have high-quality vital registration systems, but poor countries lack this infrastructure and must rely on estimates that are often…

Applications · Statistics 2017-08-01 Dennis M. Feehan , Mary Mahy , Matthew J. Salganik
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