Ermanno Pitacco
Long-term care insurance (LTCI) covers are rather recent products, in the framework of health insurance. It follows that specific biometric data are scanty, and pricing problems then arise because of difficulties in the choice of appropriate technical bases.
Daniel Alai, Zinoviy Landsman and Michael Sherris
We generalize model calibration for a multivariate Tweedie distribution to allow for censored observations; estimation is based on the method of moments. The multivariate Tweedie distribution we consider incorporates dependence in a pool of lives via a common stochastic component.
Heather Booth, Pilar Rioseco and Heather Crawford
This study examines the SN-SRH association through cross-cutting analyses of four demographically-defined groups (Males, Females, Partnered, Unpartnered) and three networks (Family, Friend, Group).
Rafal Chomik and John Piggott
We briefly compare the Australian and US economies and demographies, and then describe the Australian arrangements and assess its economic efficiency and efficacy in delivering retirement support.
Rafal Chomik and John Piggott
This chapter sets the context for the rest of the volume. The focus is mostly on countries in East and South-East Asia, but it includes contrasting comparisons to key regional countries such as India and Australia.
George Kudrna
This paper assesses economy-wide implications of further hypothetical policy changes to the means testing of the age pension.
Daniel H. Alai, Katja Ignatieva and Michael Sherris
We generalise random shocks from a univariate gamma to a univariate Tweedie distribution and allow for the distributions to vary by age.
Fedor Iskhakov, Susan Thorp and Hazel Bateman
We develop and simulate a stochastic lifecycle model to investigate optimal annuity purchases at retirement.
Yang Chang and Erik Schlogl
We take a more fundamental approach and explicitly model liquidity risk as the driver of basis spreads, reducing the dimensionality of the market for the frequency basis from observed spread term structures for every frequency pair down to term structures of two factors characterising liquidity risk.
