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A Hierarchical Credibility Approach to Modeling Mortality Rates for Multiple Populations
In this talk, we propose a hierarchical credibility approach to modeling multi-population mortality rates using data from the Human Mortality Database. Hierarchical credibility is used in a premium calculation with grouped data from different levels in a tree structure. Traditional mortality models for a single population estimate the model parameters with mortality data grouped into two levels (age and year). We group the mortality data for both genders of several developed countries into four levels (country, gender, age and year) or three levels (population, age and year), apply the hierarchical credibility to each level to better reflect the correlation of mortality rates among populations or genders/countries, and compare the forecasting performances between the model and some multi-population mortality ones.
Date and Time
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Co-auteurs (non y compris vous-même)
Adelaide Di Wu
Simon Fraser University
Langue de la présentation orale
Anglais
Langue des supports visuels
Anglais

Speaker

Edit Name Primary Affiliation
Chi-Liang Tsai Simon Fraser University