Results 41 to 50 of about 2,273 (189)
Transactions of the Actuarial Society of Edinburgh, 1886 Recent investigations in the theory of life contingencies have thrown new light on the treatment of problems involving the probability of survival of several lives. For the exact solution of such problems by older methods, there are required complete tables of annuities (or other integral functions) on the number of lives to be dealt with. The time and
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Evaluating the Advanced Life Deferred Annuity — An annuity people might actually buy [PDF]
Insurance: Mathematics and Economics, 2007 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Gong, Guan, Webb, Anthony
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Abacus, EarlyView.Relevance and faithful representation are identified by standard‐setters as fundamental qualitative characteristics for useful accounting information. We critically assess whether current pension measurement guidance under International Financial Reporting Standards (IFRS) and US generally accepted accounting principles (GAAP) results in pension ...
Divya Anantharaman, Darren Henderson
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The policy adjacent: How affordable housing generates policy feedback among neighboring residents
American 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
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Longevity-contingent deferred life annuities [PDF]
Journal 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.
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Reference dependence and lottery participation
Economic 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
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Asymptotics of optimal investment behavior under a risk process with two-sided jumps [PDF]
Известия Саратовского университета. Новая серия: Математика. Механика. ИнформатикаWe study an optimal investment control problem for an insurance company having two business branches, life annuity insurance and non-life insurance. The company can invest its surplus into a risk-free asset and a risky asset with the price dynamics given
Belkina, Tatiana Andreevna +2 more
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The 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
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Life Cycle Annuity Valuation [PDF]
, 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.
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The 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
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