MODELLING SOCIO-ECONOMIC DIFFERENCES IN MORTALITY USING A NEW AFFLUENCE INDEX

Andrew J. G. Cairns · Malene Kallestrup‐Lamb · Carsten P. T. Rosenskjold · David P. Blake · Kevin Dowd

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Insurance, Mortality, Demography, Risk Management Health disparities and outcomes Statistical Methods in Epidemiology

Abstract

Abstract We introduce a new modelling framework to explain socio-economic differences in mortality in terms of an affluence index that combines information on individual wealth and income. The model is illustrated using data on older Danish males over the period 1985–2012 reported in the Statistics Denmark national register database. The model fits the historical mortality data well, captures their key features, generates smoothed death rates that allow us to work with a larger number of sub-groups than has previously been considered feasible, and has plausible projection properties.

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2016The Association Between Income and Life Expectancy in the United States, 2001-2014 1992Modeling and Forecasting U. S. Mortality 2018Social Security Bulletin 2004Insurance: Mathematics and Economics 2006A Two‐Factor Model for Stochastic Mortality with Parameter Uncertainty: Theory and Calibration 2003Widening socioeconomic inequalities in mortality in six Western European countries 2012Differences In Life Expectancy Due To Race And Educational Differences Are Widening, And Many May Not Catch Up 2009A Quantitative Comparison of Stochastic Mortality Models Using Data From England and Wales and the United States

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