Results 51 to 60 of about 2,273 (189)

Longevity Risk and Annuitisation Decisions in the Absence of Special-Rate Life Annuities

Risks
Longevity risk affecting older adults can be transferred to the insurance market by purchasing a lifetime annuity. Special-rate life annuities, which are priced, among other factors, on the basis of health and lifestyle factors, go beyond traditional ...
Jorge de Andrés-Sánchez, Laura González-Vila Puchades   +1 more
doaj   +1 more source

“THE NORMAL EXCEPTION”: “MICROANALYSIS AND SOCIAL HISTORY” (1977)*

History 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

Optimal Decision-Making for Annuity Insurance Under the Perspective of Disability Risk

Mathematics
Annuity insurance is a crucial financial tool for mitigating risks associated with aging, yet it has not gained significant traction in China’s insurance market, especially amid the challenges posed by an aging population.
Ziran Xu, Lufei Sun, Xiang Yuan
doaj   +1 more source

How Does Progressivity Affect the Tax Cut Multiplier?

International Economic Review, EarlyView.
ABSTRACT How does the targeting of personal income tax cuts affect the output multiplier? This paper provides quantitative evidence using a heterogeneous‐agent New‐Keynesian model calibrated to match US distributions of income, wealth, marginal tax rates, and marginal propensities to consume.
Christian Gillitzer
wiley   +1 more source

ANUITAS LAST SURVIVOR UNTUK KASUS TIGA ORANG TERTANGGUNG

Jurnal MIPA, 2016
Pada asuransi multiple life, terdapat dua istilah berdasarkan status kematian dari kumpulan tertanggung yaitu joint life dan last survivor. Perbedaan status multiple life ini pada asuransi adalah waktu pemberian uang pertanggungannya.
D. P. Sari, J. Jazwinarti
doaj  

A Conversation With David Bellhouse

International Statistical Review, EarlyView.
Summary David Richard Bellhouse was born in Winnipeg, Manitoba, on 19 July 1948. He studied actuarial mathematics and statistics at the University of Manitoba (BA, 1970; MA, 1972) and completed his PhD at the University of Waterloo, Ontario, in 1975. After being an Assistant Professor for 1 year at his alma mater, he joined the University of Western ...
Christian Genest
wiley   +1 more source

APROKSIMASI ANUITAS HIDUP MENGGUNAKAN KOMBINASI EKSPONENSIAL

Jurnal MIPA, 2016
Anuitas hidup adalah suatu rangkaian pembayaran yang dibuat secara kontinu atau dalam interval waktu tertentu (seperti bulanan, kwarter, semester, tahunan, dan lain-lain) yang dipengaruhi oleh faktor kelangsungan hidup seseorang. Penelitian ini bertujuan
L J Sinay, S Guritno, Gunardi Gunardi
doaj  

On Gamma-Gompertz-Makeham Assurances and Life Annuities

Austrian Journal of Statistics
We focus on the gamma-Gompertz-Makeham model, and derive useful structural properties for this mortality model. We provide the basic properties like moments, remaining life expectancy, single life annuity, among many others, in closed form, and so it ...
Fredy Castellares, Silvio Patricio, Artur Lemonte   +2 more
doaj   +1 more source

Hampered Monetary Policy Transmission ‐ A Supply‐Side Story?

Journal of Money, Credit and Banking, EarlyView.
Abstract This paper shows that the supply side of credit is a major factor for hampered monetary policy transmission in monopolistic banking markets. Our stress test data containing projected interest rates of all 1,555 small and medium‐sized banks in Germany under two hypothetical scenarios provide a clear way to partial out demand shocks that are ...
LOTTA HECKMANN‐DRAISBACH, JULIA HARDT
wiley   +1 more source

Learning in the Limit: Income Inference from Credit Extensions

The Journal of Finance, EarlyView.
ABSTRACT Combining a randomized controlled trial with administrative and survey data, this paper shows that credit limit extensions significantly increase total spending and income expectations. By controlling for changes in personal income expectations, the spending response to credit limit extensions weakens by approximately 30%.
XIAO YIN
wiley   +1 more source