Results 21 to 30 of about 19,551 (204)
Evaluation of variable annuity guarantees with the effect of jumps in the asset price process
Cogent Economics & Finance, 2017 Financial crisis in 2007–2008 have caused losses to life insurance companies issuing variable annuities with guarantees. This is partly due to failure of variable annuity (VA) issuers to anticipate the large variations in asset prices during the ...
Mussa Juma +3 more
doaj +1 more source
AIChE Journal, EarlyView.Abstract In pharmaceutical industries, continuous manufacturing methods have already been well established to improve productivity and process intensification. However, to better understand the trade‐offs of continuous crystallizers over the existing batch production systems, a robust technoeconomic cost and sustainability analysis is necessary to ...
Jungsoo Rhim, Zoltan K. Nagy
wiley +1 more source
A linear algebraic method for pricing temporary life annuities and insurance policies [PDF]
, 2010 We recast the valuation of annuities and life insurance contracts under mortality and interest rates, both of which are stochastic, as a problem of solving a system of linear equations with random perturbations.
Date, P, Jalen, L, Mamon, R, Wang, IC
core +1 more source
Chemie Ingenieur Technik, EarlyView.Mechanical vapor recompression integration in distillation is analyzed, focusing on feed preheating and column pressure drop. Binary methanol–water and benzene–toluene separations are studied to identify optimal designs, which are further assessed in a bioethanol vacuum distillation sequence regarding energetic, ecological, and economic performance ...
Thorben Hochhaus +3 more
wiley +1 more source
Defossilisation of the Energy Supply of a Chemical Site by Integration of a Carnot Battery
Chemie Ingenieur Technik, EarlyView.This study presents the results of a techno‐economic analysis of CO2‐free energy supply concepts for electricity and heat for the defossilisation of a chemical park in Germany for the model years 2030 and 2045. The focus is on the integration of a Carnot battery with thermal energy storage, which enables the flexible use of green fuels and renewable ...
Martin Bolten +6 more
wiley +1 more source
Linking Environmental Health and Civic Health: An Analysis of Air Pollution and Charitable Giving
Nonprofit Management and Leadership, EarlyView.ABSTRACT This study examines the effect of air pollution on charitable giving. We suggest that the burdens associated with poor air quality are associated with a dampening of civic and philanthropic engagement. Analyzing 12 years of county‐level data from the United States with fixed‐effects OLS and instrumental variables regressions, we identify a ...
Gregory D. Saxton +6 more
wiley +1 more source
International Journal of Urban and Regional Research, EarlyView.Abstract Asset managers, private equity firms and other institutional investors have assumed an increasingly important role in the ownership and management of housing and infrastructure since the Global Financial Crisis. This article analyses how social housing in London is being transformed into a financial asset through an analysis of ‘income strip ...
Aretousa Bloom, Joe Penny
wiley +1 more source
Coresidence: How parental characteristics matter
Real Estate Economics, EarlyView.Abstract Coresidence in the parental home is known to depend on young adult characteristics and market conditions, but there is more limited knowledge on whether or how parental characteristics matter. We model the coresidence outcome as a multigenerational joint optimization decision and use Panel Study of Income Dynamics data to examine the ...
Arthur Acolin +2 more
wiley +1 more source
Pricing Options and Equity-Indexed Annuities in a Regime-switching Model by Trinomial Tree Method [PDF]
Journal of Systemics, Cybernetics and Informatics, 2011 In this paper we summarize the main idea and results of Yuen and Yang (2009, 2010a, 2010b) and provide some results on pricing of Parisian options under the Markov regime-switching model (MRSM).
Fei Lung Yuen, Hailiang Yang
doaj
How much are you willing to pay to avoid lockdowns? Evidence from the real estate market
Real Estate Economics, EarlyView.Abstract In response to the COVID‐19 pandemic, numerous countries implemented lockdowns. In Victoria, Australia, a unique two‐tier system was employed, segregating areas with a Ring of Steel boundary and imposing additional restrictions within. This study focuses on the impact of lockdowns on housing prices and rents, exploring whether people are ...
Jian Liang, Chyi Lin Lee, Qiang Li
wiley +1 more source