Trends in functional disability and cognitive impairment among the older adult in China up to 2060: estimates from a dynamic multi-state population model

JP Ansah, CT Chiu, AC Wei-Yan, TLS Min, DB Matchar - BMC geriatrics, 2021 - Springer
Background Available evidence suggests that cognitive impairment (CI), which leads to
deficits in episodic memory, executive functions, visual attention, and language, is …

A multi-state model of functional disability and health status in the presence of systematic trend and uncertainty

M Sherris, P Wei - North American Actuarial Journal, 2021 - Taylor & Francis
This article proposes a multi-state model of both functional disability and health status in the
presence of systematic trend and uncertainty. We classify each individual observation along …

Care-dependent tontines

A Chen, Y Chen, X Xu - Insurance: Mathematics and Economics, 2022 - Elsevier
With the gradual deepening of aging, the affordability of long-term care (LTC) services in
aging societies will become increasingly questionable. Both private stand-alone LTC …

[HTML][HTML] Delay the pension age or adjust the pension benefit? Implications for labor supply and individual welfare in China

Y Deng, H Fang, K Hanewald, S Wu - Journal of Economic Behavior & …, 2023 - Elsevier
We develop and calibrate a life-cycle model of labor supply and consumption to quantify the
implications of alternative pension reforms on labor supply, individual welfare, and …

Functional disability with systematic trends and uncertainty: a comparison between China and the US

Y Fu, M Sherris, M Xu - Annals of Actuarial Science, 2022 - cambridge.org
China and the US are two contrasting countries in terms of functional disability and long-
term care. China is experiencing declining family support for long-term care and develo** …

Healthy life expectancy in China: Modelling and implications for public and private insurance

H Li, K Hanewald, S Wu - Annals of Actuarial Science, 2021 - cambridge.org
Already home to 23% of the global elderly population, China will experience further
demographic change in the coming decades. To address the consequences of population …

Long-term care insurance financing using home equity release: Evidence from an online experimental survey

K Hanewald, H Bateman, H Fang, TL Ho - 2022 - nber.org
This paper explores new mechanisms to fund long-term care using housing wealth. Using
data from an online experimental survey fielded to a sample of 1,200 Chinese homeowners …

Application of Markov model in long-term care insurance

S Xuanyuan, S Xuanyuan - Highlights in Science, Engineering and …, 2023 - drpress.org
The Markov process is not only the actuarial basis of pricing of long term care (LTC)
insurance but also the fundamental for predicting the future elder population and disabled …

Survival analysis of longitudinal data: the case of English population aged 50 and over

M Qazvini - Journal of Demographic Economics, 2023 - cambridge.org
This study considers data from 5 waves of the English Longitudinal Study of Ageing (ELSA).
We aim to study the impact of demographic and self-rated health variables including …

Alcohol consumption as a predictor of mortality and life expectancy: Evidence from older Chinese males

D Yu, B Lu, J Piggott - The Journal of the Economics of Ageing, 2022 - Elsevier
Alcohol consumption has significant health implications. This study estimates the impact of
drinking on all-cause mortality, total life expectancy, and disability-free life expectancy for …