Using Wavelet Techniques to Approximate the Subjacent Risk of Death

2018

In Actuarial science, graduation techniques have been used extensively: the large number of scientific papers and technical documentation published evidences this fact (see Ayuso M et al. (Estadistica Actuarial Vida. UBe, Barcelona (2007)), Baeza Sampere and Morillas Jurado (Rev. Anales del Instituto de Actuarios Espanoles 135–164 (2011)), London (Graduation: The Revision of Estimates. ACTEX Publications, Connecticut (1985)), Cairns, et al. (Scand Actuar J 2(3):79–113 (2008)) and the references therein). Graduation techniques are defined by Haberman and Renshaw J Inst Actuar 110:135–156 (1983) as a set of principles and techniques for use that are used on raw data so that a more appropriate…