lifesimulation.ijs

Script: ~addons/finance/finexec/actuariallife/lifesimulation.ijs
Contributor: William Szuch
Updated: 2022 6 25
Depend: ~addons/finance/finexec/qxtables/qxtools.ijs’
Definitions: loaded to locale base
Status: todo equations
Script source: lifesimulation.ijs
Definitions to stochastically calculate distributions for:
 1) duration of life
 2) payments
Note:
(1) Dealing with Ages outside the range of the mortality table.
(2) Dealing with qx>1 if Qx table is scaled up.
use of ext5
Equations:
Not done
NF

Definitions

D dist_yr_of_death, dist_yrs_life
Y yr_of_death, yrs_death, yrs_life, yrs_life_death, yrs_lifec
yrs_life d -
yrs_lifec d -

dist_yr_of_death (dyad)

Distribution of year of death
ALT_2018_20_M dist_yr_of_death 55
ALT_2018_20_M dist yr_death 0

dist_yrs_life (dyad)

ALT_2018_20_M dist_yrs_life 55
ALT_2018_20_M dist_yrs_life 0
(ALT_2018_20_M qxextend 5) dist_yrs_life 55

yr_of_death (dyad)

Year of death
ALT_2018_20_M yr_of_death 55
ALT_2018_20_M yr_of_death 0

yrs_death (dyad)

Year of death
ALT_2018_20_M yr_death 55
ALT_2018_20_M yr_death 0

yrs_life_death (dyad)

ALT_2018_20_M yrs_life_death 55
ALT_2018_20_M yrs_life_death 55