A Markov chain approach is used to estimate the probability of a man covered by Portuguese Social Security becoming permanently disabled. This estimator is used to assess the contribution of each active man covered by the Portuguese Social Security to insure against that possibility. This prediction is necessary due to the pay-as-you-go system used.
|Number of pages||18|
|Publication status||Published - 1 Jan 2006|
- permanently disabled
- prediction of yearly contributions