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Characterization of between-group inequality of longevity in European Union countries

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Characterization of between-group inequality of longevity in European Union countries

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dc.contributor.author Debón Aucejo, Ana María es_ES
dc.contributor.author Chaves, Luis Esteban es_ES
dc.contributor.author Haberman, Steven es_ES
dc.contributor.author Villa Juliá, Mª Fulgencia es_ES
dc.date.accessioned 2020-07-16T03:32:09Z
dc.date.available 2020-07-16T03:32:09Z
dc.date.issued 2017-07 es_ES
dc.identifier.issn 0167-6687 es_ES
dc.identifier.uri http://hdl.handle.net/10251/148103
dc.description.abstract [EN] Comparisons of differential survival by country are useful in many domains. In the area of public policy, they help policymakers and analysts assess how much various groups benefit from public programs, such as social security and health care. In financial markets and especially for actuaries, they are important for designing annuities and life insurance products. This paper presents a method for clustering information about differential mortality by country. The approach is then used to group mortality surfaces for European Union (EU) countries. The aim of this paper is to measure between -group inequality in mortality experience in EU countries through a range of mortality indicators. Additionally, the indicators permit the characterization of each group. It is important to take into account characteristics such as sex; therefore, this study differentiates between males and females in order to detect whether their patterns and characterizations are different. It is concluded that there are clear differences in mortality between the east and west of the EU that are more important than the traditional south -north division, with a significant disadvantage for Eastern Europe, and especially for males in Baltic countries. We find that the mortality indicators have evolved in all countries in such a way that the gap between groups has been maintained, both in terms of the differences in mortality levels and variability. (C) 2017 Elsevier B.V. All rights reserved. es_ES
dc.description.sponsorship This article was begun during a research stay at Cass Business School (London) funded by the "BEST/2014" Program, Generalitat Valenciana and the Facultad Support for the research presented in this paper was provided by a grant from the Ministry of Economy and Competitiveness, project MTM2013-45381-P. es_ES
dc.language Inglés es_ES
dc.publisher Elsevier es_ES
dc.relation info:eu-repo/grantAgreement/MINECO//MTM2013-45381-P/ES/DIFERENCIAS DE LONGEVIDAD EN LA UNION EUROPEA: APLICACION DE NUEVOS METODOS PARA SU EVALUACION Y ANALISIS/ es_ES
dc.relation GV/BEST/2014 es_ES
dc.relation.ispartof Insurance Mathematics and Economics es_ES
dc.rights Reserva de todos los derechos es_ES
dc.subject Mortality surface es_ES
dc.subject PCA es_ES
dc.subject Cluster es_ES
dc.subject Mortality indicators es_ES
dc.subject European Union es_ES
dc.subject.classification ESTADISTICA E INVESTIGACION OPERATIVA es_ES
dc.title Characterization of between-group inequality of longevity in European Union countries es_ES
dc.type Artículo es_ES
dc.identifier.doi 10.1016/j.insmatheco.2017.05.005 es_ES
dc.rights.accessRights Abierto es_ES
dc.contributor.affiliation Universitat Politècnica de València. Departamento de Estadística e Investigación Operativa Aplicadas y Calidad - Departament d'Estadística i Investigació Operativa Aplicades i Qualitat es_ES
dc.description.bibliographicCitation Debón Aucejo, AM.; Chaves, LE.; Haberman, S.; Villa Juliá, MF. (2017). Characterization of between-group inequality of longevity in European Union countries. Insurance Mathematics and Economics. 75:151-165. https://doi.org/10.1016/j.insmatheco.2017.05.005 es_ES
dc.description.accrualMethod S es_ES
dc.relation.publisherversion https://doi.org/10.1016/j.insmatheco.2017.05.005 es_ES
dc.description.upvformatpinicio 151 es_ES
dc.description.upvformatpfin 165 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.description.volume 75 es_ES
dc.relation.pasarela S\337349 es_ES
dc.contributor.funder Generalitat Valenciana es_ES
dc.contributor.funder Ministerio de Economía y Competitividad es_ES


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