Description: Presented at Living to 100 symposium, January 2002. This paper proposes a standard operating procedure for testing the Gompertz assumption using yearly age-specific mortality data, and the impacts of the data collection period and population sizes on the testing results are discussed.

Description: Presented at Living to 100 and Beyond symposium 2002. Discussion on 'Living to Age 100 in Canada in 2000' by Doray and 'Oldest-Old Mortality Rates and the Gompertz Law: A Theoretical and Empirical Study Based on Four Countries' by Yue papers.

Description: The first objective of this paper is to test the hypothesis that higher levels of income inequality are directly related to lower levels of population health with updated data from around year 2000. The second goal is to examine the inequality-health relationship across the life course with particular focus on old age when income distributions often shift dramatically.

Description: Discussion of papers presented at Living to 100 and Beyond symposium. Papers discussed: 'Dealing with Problems in Data Quality for the Measurement of Mortality at Advanced Ages' in Canada by Bourbeau and Desjardins, 'Mortality at Advanced Ages in Spain' by Felipe and Anguera, and 'Emergence of Supercentenarians in Low Mortality Countries' by Robine and Vaupei. These papers all deal with centenarians.

Description: In this paper, we investigate the dynamics of the Lee-Carter mortality index parameter kt. Specifically, we perform statistical hypothesis tests to examine whether the mortality indexes for Canada, England and Wales and the United States are best described by stochastic trends difference stationary models or deterministic trends trend stationary models. The empirical results favor broken-trend stationary models over difference stationary models, which are used in most previous applications of the Lee-Carter method. The results also give strong statistical evidence that the rates of mortality decline for the three populations have significantly accelerated in mid-1970s.

Description: Transcript of the Q&A period from Session 6A: Projection and Statistical Modeling of Mortality at Late Age

Description: 2011 Enterprise Risk Management Symposium, Chicago. This study investigates whether simulation-based models can be used to predict liquidity risk for banks, which must comply with Basel III by January 2015. The paper looks at the process of developing a measurement framework using Black-Scholes and Merton’s asset-based models to measure liquidity risk.

Description: 2011 Enterprise Risk Management Symposium, Chicago. This is the abstract of the entitled paper.

Description: The first objective of this paper is to test the hypothesis that higher levels of income inequality are directly related to lower levels of population health with updated data from around year 2000. The second goal is to examine the inequality-health relationship across the life course with particular focus on old age when income distributions often shift dramatically.

Description: This paper compares the development of the more flexible reporting for pension commitments by the sponsoring employer in Australia to the standard-driven reporting in the United States and the United Kingdom. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.