Results 51 to 60 of about 54,807 (241)
Frailty and Risk Classification for Life Annuity Portfolios
Risks, 2016 Life annuities are attractive mainly for healthy people. In order to expand their business, in recent years, some insurers have started offering higher annuity rates to those whose health conditions are critical. Life annuity portfolios are then supposed
Annamaria Olivieri, Ermanno Pitacco
doaj +1 more source
Unit-Linked Tontine: Utility-Based Design, Pricing and Performance
Risks, 2022 Due to the low demand for conventional annuities, alternative retirement products are sought. Quite recently, tontines have been frequently brought up as a promising option in this respect.
An Chen, Thai Nguyen, Thorsten Sehner
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Crossroads of the Life of Vittorio Alfieri
Journal for Eighteenth-Century Studies, EarlyView.Abstract This article examines Vittorio Alfieri's Life as a deliberately constructed narrative of cultural, linguistic, and political self‐fashioning within eighteenth‐century European intellectual networks. Rather than treating the autobiography as a transparent record of experience, the article argues that Alfieri retrospectively reorganizes his ...
Sara Gallegati
wiley +1 more source
Set for Life: Old-Age Pensions Provided by Hospitals in Late-Medieval Amsterdam
Jahrbuch für WirtschaftsgeschichteHospitals were among the wealthiest organizations in medieval cities. Their directors managed portfolios consisting of real estate and financial instruments; as a result, they also handled large quantities of money.
Zuijderduijn Jaco
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Actuarial values calculated using the incomplete Gamma function
Statistica, 2013 The complete expectation-of-life for a person and the actuarial present value of continuous life annuities are defined by integrals. In all of them at least one of the factors is a survival function value ratio. If de Moivre’s law of mortality is chosen,
Giovanni Mingari Scarpello +2 more
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Journal of Public Economic Theory, 2007 AbstractAnnuity contracts typically deliver a stream of income at a predetermined level in order to insure against the risk of longevity. This paper explores whether flexible annuities, which give subscribers the possibility to choose between different levels of annuity, are welfare enhancing.
openaire +2 more sources
Abacus, EarlyView.Relevance and faithful representation are identified by standard‐setters as fundamental qualitative characteristics for useful accounting information. We critically assess whether current pension measurement guidance under International Financial Reporting Standards (IFRS) and US generally accepted accounting principles (GAAP) results in pension ...
Divya Anantharaman, Darren Henderson
wiley +1 more source
The policy adjacent: How affordable housing generates policy feedback among neighboring residents
American Journal of Political Science, EarlyView.Abstract While scholars have documented feedback effects among a policy's direct winners and losers, less is known about whether such effects can occur among the indirectly affected—“the policy adjacent.” Using 458 geocoded housing developments built between two nearly identical statewide ballot propositions funding affordable housing in California, we
Michael Hankinson +2 more
wiley +1 more source
Evolution of coupled lives' dependency across generations and pricing impact [PDF]
, 2012 This paper studies the dependence between coupled lives - both within and across generations - and its effects on prices of reversionary annuities in the presence of longevity risk.
Luciano, E., Spreeuw, J., Vigna, E.
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Reference dependence and lottery participation
Economic Inquiry, EarlyView.Abstract We assume that lottery participants are poor relative to their target income. Reference dependence with loss aversion can render the marginal utility of income non‐monotonic in line with the Friedman–Savage hypothesis. As a result, lottery participation can be rationalized without invoking probability weighting.
Robertas Zubrickas
wiley +1 more source