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PART ONE: A BLESSED OLD AGE -- Chapter 1: DO YOU BELIEVE IN PENSIONS? -- Chapter 2: LONGEVITY RISK AND RELIGION …, this book will be of interest to scholars and readers interested in finance, insurance, pensions, and religion. Moshe A …
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In the actuarial literature, it has become common practice to model future capital returns and mortality rates … stochastically in order to capture market risk and forecasting risk. Although interest rates often should and mortality rates always … helps to quantify the error that is made by approximating diffusive interest and mortality rate models with Gaussian …
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