Results 31 to 40 of about 3,060 (229)

On Gamma-Gompertz-Makeham Assurances and Life Annuities

open access: yesAustrian Journal of Statistics
We focus on the gamma-Gompertz-Makeham model, and derive useful structural properties for this mortality model. We provide the basic properties like moments, remaining life expectancy, single life annuity, among many others, in closed form, and so it ...
Fredy Castellares   +2 more
doaj   +1 more source

Linking Environmental Health and Civic Health: An Analysis of Air Pollution and Charitable Giving

open access: yesNonprofit Management and Leadership, EarlyView.
ABSTRACT This study examines the effect of air pollution on charitable giving. We suggest that the burdens associated with poor air quality are associated with a dampening of civic and philanthropic engagement. Analyzing 12 years of county‐level data from the United States with fixed‐effects OLS and instrumental variables regressions, we identify a ...
Gregory D. Saxton   +6 more
wiley   +1 more source

ASSESSING THE IMPACT OF SECOND PILLAR COMPONENT ON OLD AGE PENSION IN LITHUANIA

open access: yesEkonomika, 2013
. The aim of the study was is to evaluate the impact of a privately accumulated second pillar component on old-age pension. This evaluation is based on quantitative, statistical data and qualitative analysis of pension accumulation results in second ...
Teodoras Medaiskis, Tadas Gudaitis
doaj   +1 more source

CLAIMING SOCIAL HOUSING FUTURES: Value, Risk and the Temporal Politics of Income Strip Financing in London

open access: yesInternational Journal of Urban and Regional Research, EarlyView.
Abstract Asset managers, private equity firms and other institutional investors have assumed an increasingly important role in the ownership and management of housing and infrastructure since the Global Financial Crisis. This article analyses how social housing in London is being transformed into a financial asset through an analysis of ‘income strip ...
Aretousa Bloom, Joe Penny
wiley   +1 more source

SOLVENCY MEASUREMENT OF LIFE ANNUITY PRODUCTS

open access: yesInternational Journal of Theoretical and Applied Finance, 2022
In this paper, we measure the market and the longevity risks borne by an insurer by computing their solvency capital for a given annuity and within an investment strategy. For this purpose, we propose the investment strategy in such a way as to mitigate the solvency capital of the insurer and improve the internal rate of return of a shareholder ...
PAULINE NGUGNIE DIFFOUO, PIERRE DEVOLDER
openaire   +2 more sources

How much are you willing to pay to avoid lockdowns? Evidence from the real estate market

open access: yesReal Estate Economics, EarlyView.
Abstract In response to the COVID‐19 pandemic, numerous countries implemented lockdowns. In Victoria, Australia, a unique two‐tier system was employed, segregating areas with a Ring of Steel boundary and imposing additional restrictions within. This study focuses on the impact of lockdowns on housing prices and rents, exploring whether people are ...
Jian Liang, Chyi Lin Lee, Qiang Li
wiley   +1 more source

A linear algebraic method for pricing temporary life annuities and insurance policies

open access: yes, 2010
We recast the valuation of annuities and life insurance contracts under mortality and interest rates, both of which are stochastic, as a problem of solving a system of linear equations with random perturbations.
Mamon, R, Date, P, Wang, IC, Jalen, L
core   +1 more source

An Economic Model of Mortality Salience in Personal Financial Decision Making: Applications to Annuities, Life Insurance, Charitable Gifts, Estate Planning, Conspicuous Consumption, and Healthcare

open access: yesJournal of Financial Therapy, 2016
The study of personal mortality salience and the denial of death have a long history in psychology leading to the modern field of Terror Management Theory.
Russell N James III
doaj   +1 more source

Life Expectancy Heterogeneity and Pension Fairness: An Italian North-South Divide

open access: yesRisks, 2021
This work documents a persistent life expectancy heterogeneity by gender and geography in Italy during the period 1995–2019. Based on deviations of life expectancy at age 65, it quantifies the implicit tax/subsidy mechanism triggered when pensions ...
Fabrizio Culotta
doaj   +1 more source

Crossroads of the Life of Vittorio Alfieri

open access: yesJournal 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

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