Results 51 to 60 of about 46,253 (234)
Evolution of coupled lives' dependency across generations and pricing impact [PDF]
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.
core +1 more source
The policy adjacent: How affordable housing generates policy feedback among neighboring residents
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
Gender and Extended Actuarial Functions in Pension Insurance [PDF]
This paper brings analysis of the impact of a ban on the use of gender in insurance, with special stress on pension annuity, according to the requirements of the European Court of Justice. The paper brings a state-of-theart overview of known and extended
Jana Špirková, Mária Spišiaková
doaj
Longevity-contingent deferred life annuities [PDF]
AbstractConsidering the substantial systematic longevity risk threatening annuity providers’ solvency, indexing benefits on actual mortality improvements appears to be an efficient risk management tool, as discussed in Denuitet al. (2011) and Richter and Weber (2011).
Denuit, M., Haberman, S., Renshaw, A. E.
openaire +2 more sources
Reference dependence and lottery participation
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
Abstract During the high and late Middle Ages, the European economy witnessed the emergence and substantial growth of capital markets, a phenomenon connected to urbanization and pestilence, both of which brought profound changes to the social, legal, and economic positions of women.
Anna Molnár
wiley +1 more source
Life Cycle Annuity Valuation [PDF]
In this paper, we argue that actuarial valuation of annuity benefit streams is theoretically inconsistent with the assumption of pure lifecycle motives. Instead, we show that the simple discounted value of future benefits (ignoring the possibility of death) is often a good approximation to the relevant concept of value.
openaire +2 more sources
This data article revealed data about the UK long-term insurance market performance for over a decade. The data was acquired from the ABI and contains important trading results (i.e. premiums generated) across different types of long-term insurance.
Oluwasoye P. Mafimisebi +2 more
doaj +1 more source
Abstract One of the most contentious issues in the study of the Atlantic slave trade is the profitability of the trade. In this paper, we contribute by pooling all available data on transatlantic slave ship voyage accounts into a joint dataset. This dataset includes data from a period of 100 years (1730–1830) and from five nations (Denmark, France ...
Klas Rönnbäck +4 more
wiley +1 more source
“THE NORMAL EXCEPTION”: “MICROANALYSIS AND SOCIAL HISTORY” (1977)*
ABSTRACT “The normal exception” has long been a slogan of microhistory. This oxymoronic phrase is the iconic rendering of an incidental sentence that appeared in a 1977 article published by Edoardo Grendi in the Italian journal Quaderni storici, which functioned as the incubator of Italian microhistory.
EDOARDO GRENDI
wiley +1 more source

