Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts [PDF]
This paper derives optimal life cycle portfolio asset allocations as well as annuity purchases trajectories for a consumer who can select her hours of work and also her retirement age.
Jingjing Chai +3 more
core
Risk management of variable annuities
, 2017 Variable annuities are unit-linked life insurance contracts where typically an initial investment amount is invested in one or several mutual funds. On top of this basic structure, certain guarantee riders are offered by the insurer, adding different types of financial protection to the contract.
openaire +2 more sources
Longevity Risk and Natural Hedge Potential in Portfolios Of Life Insurance Products: The Effect of Investment Risk [PDF]
Payments of life insurance products depend on the uncertain future evolution of survival probabilities. This uncertainty is referred to as longevity risk.
De Waegenaere, A.M.B. +2 more
core +1 more source
Have pensions reduced the relative poverty? ----- empirical analysis from China CHARLS data. [PDF]
Heliyon, 2023 Li Q, Dong L, Zhang L.
europepmc +1 more source
Life Insurance Firms in the Retirement Market: Is the News All Bad? [PDF]
The role of the insurance industry in the retirement assets market is examined. The popular image of the industry as one in decline is scrutinized by drawing upon various governmental and industry data sources. Our examination begins with the traditional
Anthony M. Santomero, Paul Hoffman
core
An empirical analysis of the annuity rate in Chile [PDF]
Empirical analyses of annuities markets have been limited to a few industrial countries and restricted by data limitations. Chile provides excellent conditions for research on annuities because of the depth of its market and the availability of data. The
Morales, Marco +2 more
core
On annuities under random rates of interest [PDF]
In the article we consider accumulated values of annuities-certain with yearly payments with independent random interest rates. We focus on general annuities with payments varying in arithmetic and geometric progression which are important basic varying ...
Agnieszka Marciniuk +2 more
core
The payout phase of pension systems : a comparison of five countries [PDF]
This paper provides a comparative summary of the payout phase of pension systems in five countries -- Australia, Chile, Denmark, Sweden, and Switzerland.
Rocha, Roberto +2 more
core
Money Market Funds (MMFs) and the Covid-19 pandemic: Has the MMLF benefited money markets? [PDF]
Financ Res Lett, 2022 Apergis N.
europepmc +1 more source
The Big Data Gap: Asymmetric Information in the Ophthalmology Residency Match Process and the Argument for Transparent Residency Data. [PDF]
J Acad Ophthalmol (2017), 2023 Breton SAL, Desai S.
europepmc +1 more source