Results 51 to 60 of about 46,253 (234)

Evolution of coupled lives' dependency across generations and pricing impact [PDF]

open access: yes, 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.
core   +1 more source

The policy adjacent: How affordable housing generates policy feedback among neighboring residents

open access: yesAmerican 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

Gender and Extended Actuarial Functions in Pension Insurance [PDF]

open access: yesStatistika: Statistics and Economy Journal, 2012
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]

open access: yesJournal of Pension Economics and Finance, 2015
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

open access: yesEconomic 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

Declining female participation: Mechanisms at play in the Viennese private annuity market, c. 1360–1450

open access: yesThe Economic History Review, EarlyView.
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]

open access: yes, 1984
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

Resilience and learning from insurance firms: Dataset on British long-term insurance market performance

open access: yesData in Brief, 2018
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

Benefitting from brutality? Profits of north‐western Europe's slave trade at the eve of the industrial revolution

open access: yesThe Economic History Review, EarlyView.
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)*

open access: yesHistory and Theory, EarlyView.
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

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