Results 141 to 150 of about 2,273 (189)
Journal of Public Economic Theory, 2017 AbstractIn this paper, we consider illiquid life annuity contracts and show that they may be preferred to those illustrated by Yaari. In an overlapping generations economy, liquid life annuities are demanded only if the equilibrium is dynamically inefficient.
d'Albis, Hippolyte, Etner, Johanna
openaire +3 more sources
Some of the next articles are maybe not open access.
Related searches:
Related searches:
Compound Joint-life Annuity Frailty Modeling
Afrika Statistika, 2022Grouping insureds in clusters such as joint-life annuities imposes statistical dependence. In this paper, we propose the shared compound frailty approach in collective valuation of joint-life annuity products where most applications have been in bio-statistics. The positive stable compound process used entails the frailty mixing distribution with the
Onchere, Walter Omonywa +3 more
openaire +1 more source
Accelerating the premiums for annuities, life annuities and life insurance
Communications in Statistics - Theory and Methods, 2019Since it is well-known that it is inevitable to avoid the risks and changes in personal earnings, the types of annuities, life annuities, life insurance and their payment types are important for in...
Alpman B., Ünal D.
openaire +2 more sources
2009
Abstract Great attention is currently devoted to the management of life annuity portfolios, both from a theoretical and a practical point of view, because of the growing importance of annuity benefits paid by private pension schemes.
Ermanno Pitacco +3 more
openaire +1 more source
Abstract Great attention is currently devoted to the management of life annuity portfolios, both from a theoretical and a practical point of view, because of the growing importance of annuity benefits paid by private pension schemes.
Ermanno Pitacco +3 more
openaire +1 more source
2006
In recent years interest in the underwriting of annuity products has been growing steadily. It is a very different proposition compared to the underwriting of life assurance products. Whereas life assurance provides cover against the risk of dying too soon, annuities cover against the risk of not dying soon enough.
Geoffrey H. Robb, Richard Willets
openaire +1 more source
In recent years interest in the underwriting of annuity products has been growing steadily. It is a very different proposition compared to the underwriting of life assurance products. Whereas life assurance provides cover against the risk of dying too soon, annuities cover against the risk of not dying soon enough.
Geoffrey H. Robb, Richard Willets
openaire +1 more source
1997
The s-years deferred life capital (or pure endowment of duration s) on the life x is the time-capital $$ {}_S{N_X}^{oo}: = \left( {{1_{X \uparrow S}},s} \right). $$
openaire +1 more source
The s-years deferred life capital (or pure endowment of duration s) on the life x is the time-capital $$ {}_S{N_X}^{oo}: = \left( {{1_{X \uparrow S}},s} \right). $$
openaire +1 more source
2002
In Chapter 1, when we discussed some aspects of financial mathematics, the cash flows we studied consisted of payments whose timing and size were fixed in advance. However, we have already pointed out that it is possible to make payments dependable on death or survival of a person.
A. K. Gupta, T. Varga
openaire +1 more source
In Chapter 1, when we discussed some aspects of financial mathematics, the cash flows we studied consisted of payments whose timing and size were fixed in advance. However, we have already pointed out that it is possible to make payments dependable on death or survival of a person.
A. K. Gupta, T. Varga
openaire +1 more source
The Geometry of Life Annuities
The Manchester School, 1999Straightforward geometry can be used to explain the role for life annuities in smoothing individual consumption during retirement. In the aggregate, there is a surprising analogy with a standard diagram from trade theory. That diagram takes careful account of the government revenues forgone when there is a move from tariffs to free trade.
Geoffrey Kingston, John Piggott
openaire +1 more source