Application of the affine stochastic model on Singapore mortality data.

• المؤلفون الرئيسيون: Chia, Fu Yuan., Meng, Deshuo., Zou, Deshun.
• مؤلفون آخرون: Balasooriya, Uditha
• التنسيق: Final Year Project
• منشور في: 2008
• الموضوعات: DRNTU::Business::Finance::Actuarial science
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/10336

In recent years, stochastic modeling has become a buzz word in the finance industry and the phenomenal advantages of stochastic models have attracted immense attention from researchers. Here, we fit Singapore's mortality rates to an affine stochastic state-space model. The model is fitted throu...