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AbstractIn this paper, we consider illiquid life annuity contracts and show that they may be preferred to those illustrated by Yaari. In an overlapping generations economy, liquid life annuities are demanded only if the equilibrium is dynamically inefficient.
d'Albis, Hippolyte, Etner, Johanna
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AJN, American Journal of Nursing, 1927
HE majority of people have a somewhat vague idea of just what an "annuity" is and it is for this reason that many professional people, particularly nurses, are failing to recognize the advantages of a plan which would not only give them the assurance of financial assistance in the twilight of life, but would also protect them meanwhile.
openaire +1 more source
HE majority of people have a somewhat vague idea of just what an "annuity" is and it is for this reason that many professional people, particularly nurses, are failing to recognize the advantages of a plan which would not only give them the assurance of financial assistance in the twilight of life, but would also protect them meanwhile.
openaire +1 more source
It's RILA time: An introduction to registered index‐linked annuities
Journal of Risk and Insurance, 2022Thorsten Moenig
exaly
Variable annuities in a Lévy-based hybrid model with surrender risk
Quantitative Finance, 2020Laura Ballotta +2 more
exaly

