Results 41 to 50 of about 678 (171)

ResPoNet: A Residual Neural Network for Efficient Valuation of Large Variable Annuity Portfolios

Mathematics
Accurately valuing large portfolios of Variable Annuities (VAs) poses a significant challenge due to the high computational burden of Monte Carlo simulations and the limitations of spatial interpolation methods that rely on manually defined distance ...
Heng Xiong, Jie Xu, Rogemar Mamon, Yixing Zhao   +3 more
doaj   +1 more source

Financial Literacy, Retirement Planning, and Demand for Life Insurance: Evidence from Lagos State-owned Tertiary Institutions

Journal of International Business, Economics and Entrepreneurship
Financial literacy is a protective tool for ensuring quality retirement life through annuity life insurance policy. The study assessed how financial literacy measures and retirement planning impact the demand for life insurance among university ...
Sunday Stephen Ajemunigbohun, Rasheed Olawale Azeez   +1 more
doaj   +3 more sources

Regional and local divergence in welfare provision in England and Wales, 1776–1815

The Economic History Review, EarlyView.
Abstract This article uses the township‐level data on welfare expenditure and provision gathered by parish officers in England and Wales at three points between 1776 and 1815 to illuminate regional and local differences during the period. These data have been linked to geographic information system (GIS) mapping systems, facilitating the mapping of ...
John Broad
wiley   +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

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  

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

Mutual fund director compensation

Journal of Financial Research, EarlyView.
Abstract We examine director compensation using a large sample of hand‐compiled U.S. mutual fund data. We find that director compensation is positively correlated with observable productive characteristics—workload, experience, and demographics—that capture the benefits from the directors’ monitoring effort.
John Adams, Sattar Mansi, Takeshi Nishikawa   +2 more
wiley   +1 more source

Gray Divorce After 50: A Scoping Review of Antecedents, Consequences, and Family‐Theoretical Gaps

Journal of Family Theory &Review, EarlyView.
ABSTRACT Gray divorce, marital dissolution at Age 50 and older, has become an increasingly important family transition with implications for later‐life kinship, economic security, intergenerational ties, and postmarital adjustment. This scoping review maps antecedents, outcomes, moderators, and family‐theory gaps across 25 empirical studies published ...
Lawrence E. Ugwu, Uzoamaka F. Ugwoke, Janine Anthea White   +2 more
wiley   +1 more source

Use of Prediction Bias in Active Learning and Its Application to Large Variable Annuity Portfolios

Risks
Given the computational challenges associated with valuing large variable annuity (VA) portfolios, a variety of data mining frameworks, including metamodeling and active learning, have been proposed in recent years.
Hyukjun Gweon, Shu Li, Yangxuan Xu
doaj   +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