Results 151 to 160 of about 86,556 (273)
The framing of options for retirement: Experimental tests for policy. ESRI WP604, December 2018 [PDF]
, 2018 We hypothesise and confirm a substantial framing effect in relation to whether people opt for an annuity on retirement. Two laboratory experiments were conducted in collaboration with a national pensions regulator.
Lunn, Peter D. +2 more
core
Life is Cheap: Using Mortality Bonds to Hedge Aggregate Mortality Risk [PDF]
Using the widely-cited Lee-Carter mortality model, we quantify aggregate mortality risk as the risk that the average annuitant lives longer than is predicted by the model, and we conclude that annuity business exposes insurance companies to substantial ...
Anthony Webb, Leora Friedberg
core
Retirement Annuity Design in an Inflationary Climate [PDF]
This paper examines the tilt and risk-return characteristics of real retirement incomes provided by variable annuities tied to bills, long-term bonds, stocks and a mixed portfolio which combines all three.
James E. Pesando, Zvi Bodie
core
Accounting for non-annuitization [PDF]
Why don't people buy annuities? Several explanations have been provided by the previous literature: large fraction of preannuitized wealth in retirees' portfolios; adverse selection; bequest motives; and medical expense uncertainty.
Svetlana Pashchenko
core
Evaluation оf Loan – Models оf Variable Principal Repaid
Acta Economica, 2007 In this paper is presented the account of evaluation of loan for case when the loan is amortized of variable principal repaid. It is presented two cases: a) the account of evaluation of loan after the t-th payment of annuity and b) the account of ...
Миливој Крчмар, PhD
doaj
Level dependent annuities: Defaults of multiple degrees [PDF]
Motivated by the risk of stopped debt coupon payments from a leveraged company in financial distress, we value a level dependent annuity contract where the annuity rate depends on the value of an underlying asset-process.
Mjøs, Aksel, Persson, Svein-Arne
core
Valuing Medieval Annuities: Were Corrodies Underpriced? [PDF]
Medieval bishops condemned and restricted the sale of corrodies (a type of annuity), partly on the grounds of their perceived unprofitability. The available data on the profitability of corrodies is limited and little analysed, and the episcopal ...
Adrian Bell, Charles Sutcliffe
core
What matters in the annuitization decision? [PDF]
Swiss J Econ Stat, 2022 Abou Daya MH, Bernard C.
europepmc +1 more source
Issues in the Issuance of Enhanced Annuities [PDF]
Two forces are about to create a growing market for Individual Annuities in the U. S. and Canada. First, the Post War Baby Boom (born 1946 to 1964) is inexorably moving into retirement.
Patricia Scahill, Robert L. Brown
core
Equity-linked insurances and guaranteed annuity options [PDF]
We consider here term and whole-life cases of the equity-linked life insurance(ELLI), and the guaranteed annuity option (GAO). We present a financial instrument which is a combination of ELLI and GAO in a stochastic interest rate framework.equity-linked ...
Burnecki, Krzysztof +1 more
core +1 more source