Jung, J., Lee, K., & Xu, M. (2025). Modeling multistate health transitions with a most-recent-event Hawkes process. North American Actuarial Journal, 1–22. doi:10.1080/10920277.2025.2519540.
Xu, M. & Yan, G. (2025), Length of stay in residential aged care: Patterns and determinants from a population-based cohort study. Insurance: Mathematics and Economics, 122, 214-229. doi:10.1016/j.insmatheco.2025.03.006.
Xu, M., Alonso-García, J., Sherris, M. & Shao, A. (2023), Insuring longevity risk and long-term care: Bequest, housing and liquidity. Insurance: Mathematics and Economics, 111, 121-141. doi:10.1016/j.insmatheco.2023.03.004.
Previously circulated under the title 'Demand For Annuities and Long Term Care Insurance with Recursive Utility: Impact of Housing'.
Fu, Y., Sherris, M. & Xu, M. (2022), Functional disability with systematic trends and uncertainty: A comparison between China and the US. Annals of Actuarial Science, 16(2), 289-318. doi:10.1017/S1748499521000233.
The replicating code of the paper is hosted here.
Zhou, Y., Sherris, M., Ziveyi J. & Xu, M. (2022), An innovative design of flexible, bequest-enhanced life annuity with natural hedging. Scandinavian Actuarial Journal, 2022(6), 488–509. doi:10.1080/03461238.2021.1997795.
Xu, M., Sherris, M. & Shao, A. (2020), Portfolio insurance strategies for a target annuitization fund. ASTIN Bulletin, 50(3), 873-912. doi:10.1017/asb.2020.24.
The paper is featured on BusinessThink, a digital knowledge exchange platform hosted by the UNSW Business School.
Xu, M., Sherris, M. & Meyricke, R. (2019), Systematic mortality improvement trends and mortality heterogeneity: Insights from individual level HRS data. North American Actuarial Journal, 23(2), 197-219. doi: 10.1080/10920277.2018.1513369.
Denny, L., Su, J. & Xu, M. (2025) Socioeconomic and demographic covariate data for mortality research - A curated dataset with consistent, multi-source integration. Society of Actuaries Research Institute Mortality and Longevity Research Reports. https://www.soa.org/resources/research-reports/2025/socioeconomic-demographic-covariates/.
Xu, M., Gu K. & Shao, A. W. (2023), The role of insurers in developing the third pillar of China’s pension system. Society of Actuaries Research Institute Aging and Retirement Research Reports. https://www.soa.org/resources/research-reports/2023/insurers-developing-third-pillar/.
Xu, M., Alonso-García J., Sherris, M. & Shao, A. W. (2022), Longevity risk and long-term care: Annuities, long term care insurance, bequest, housing and liquidity. Retirement Income Institute Original Research-#011-2022. https://www.protectedincome.org/research/longevity-risk-and-long-term-care-annuities-long-term-care-insurance-bequest-housing-and-liquidity/
A Bayesian clustering approach to multi-population mortality modeling and forecasting (with Antik Chakraborty, Yajing Xu). Working paper available at SSRN.
Modeling longevity and disability with generalized autoregressive score models (with Yang Lu, Pengyu Wei).