Ax: Expected value of insurance (matrix form)

In nathanesau/MSM: Multiple state models

Description

Calculates the expected values of annuities whose values depend on transitioning from one state to another

Usage

Ax(object, n = 10, x = 0, h = 1/12, delta = log(1.05), joint = FALSE,
  y = 0)

Arguments

object	An object of class msm
n	The number of years for the insurance
x	The age of the individual
h	The time step used in the approximation
delta	The force of interest (continuously compounded interest rate)
joint	Indicates whether the insurance depends on two lives
y	The age of the second individual if the model is joint
dis	Indicates that the insurance is discrete (with period h). By default, continuous insurance are calculated

Value

A matrix of expected values for insurances

nathanesau/MSM documentation built on May 23, 2019, 12:18 p.m.