Results 171 to 180 of about 6,432,382 (233)

Illiquid life annuities [PDF]

open access: possibleJournal 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:

Optimal life insurance and annuity demand under hyperbolic discounting when bequests are luxury goods

Insurance, Mathematics & Economics, 2020
We operationalise the theoretical modelling of Marin-Solano and Jorge Navas (2010), seeking to understand the consequences for optimal consumption, life insurance and annuity demand in a time inconsistent world, by incorporating the insurance insights ...
Jinhui Zhang, S. Purcal, Jiaqin Wei
semanticscholar   +1 more source

Accelerating the premiums for annuities, life annuities and life insurance

Communications in Statistics - Theory and Methods, 2019
Since 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

The Geometry of Life Annuities

The Manchester School, 1999
Straightforward 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

Life annuities

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

Impaired Life Annuities

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

On the Analogy between an Annuity-Certain and a Life Annuity

Journal of the Institute of Actuaries and Assurance Magazine, 1878
The strict analogy which exists between these two classes of annuities has doubtless received the consideration of the majority of students, but I am not aware that it has ever in print had that attention which it deserves; and at any rate our usual text books hardly even refer to it.
openaire   +1 more source

Life Annuities (One Life)

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

Home - About - Disclaimer - Privacy