Construct · 1 fields · 1 citations

Renshaw-Haberman model: a standalone construct

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Actuarial science

an extension of the Lee-Carter mortality model that adds a cohort, year-of-birth effect to the age and period terms.

In actuarial science, Renshaw-Haberman model refers to an extension of the Lee-Carter mortality model that adds a cohort, year-of-birth effect to the age and period terms. This meaning comes from Renshaw (2006) in Insurance: Mathematics and Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

cohort3 fields · 3 citationsjingle · one word, three constructs extension3 fields · 3 citationsjingle · one word, three constructs Lee-Carter model1 fields · 1 citationsanchor · a standalone construct

References

Renshaw, A. E., & Haberman, S. (2006). A cohort-based extension to the Lee–Carter model for mortality reduction factors. Insurance: Mathematics and Economics, 38(3), 556-570. https://doi.org/10.1016/j.insmatheco.2005.12.001

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