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Max-Min optimization problem for Variable Annuities pricing

Blanchet-Scalliet, Christophette; Chevalier, Etienne; … - HAL - 2014

We study the valuation of variable annuities for an insurer. We concentrate on two types of these contracts that are the guaranteed minimum death benefits and the guaranteed minimum living benefits ones and that allow the insured to withdraw money from the associated account. As for many...

Persistent link: https://www.econbiz.de/10010821370

Indifference fee rate for variable annuities

Chevalier, Etienne; Lim, Thomas; Roméro, Ricardo Romo - HAL - 2014

In this paper, we work on indifference valuation of variable annuities and give a computation method for indifference fees. We focus on the guaranteed minimum death benefits and the guaranteed minimum living benefits and allow the policyholder to make withdrawals. We assume that the fees are...

Persistent link: https://www.econbiz.de/10010899322

SUSTAINABILITY OF THE ENVIRONMENT AND WATER POLLUTION IN NIGERIA: PROBLEMS, MANAGEMENT AND POLICY OPTIONS

Adenuga, Ade; Ogujiuba, Kanayo; Ohuche, Friday - EconWPA - 2005

Severe environmental degradation appears to be threatening the long-term development prospects of countries all over the world, particularly the developing ones such as Nigeria. The paper reviews relevant literature and examines the process of environmental degradation via water pollution in...

Persistent link: https://www.econbiz.de/10005556179

JOINT PRODUCTION WITHOUT FREE DISPOSAL: SUSTAINABLE ACTIVITY AND UNSUPPORTABLE PROCESSES

O'Connor, Martin; Andrew, Robbie - HAL - 2010

Investigations of long-run sustainability of joint ecological-economic systems highlight the pertinence of reconsidering "free disposal" assumptions that underpin Sraffian and von Neumann approaches to value and growth theory. We investigate joint-production time-paths for square systems A and B...

Persistent link: https://www.econbiz.de/10010699850

Governance, Institutions, and Regional Infrastructure in Asia

De, Prabir - East Asian Bureau of Economic Research (EABER) - 2010

This study is a comprehensive, empirical analysis of the linkages between governance, institutions, and regional … infrastructure. The empirical results indicate that governance and institutions are crucial for regional infrastructure development … : every one point improvement in governance results in a 1 to 1.5 point rise in regional infrastructure. Countries (and …

Persistent link: https://www.econbiz.de/10009363303

Does Governance Matter for Enhancing Trade? Empirical Evidence from Asia

De, Prabir - East Asian Bureau of Economic Research (EABER) - 2010

The primary objective of this paper is to find whether or not the governance and institutions matter for enhancing … Asias trade. In this study, we have performed a comprehensive empirical analysis of the linkages between governance and … trade at the Asian subregional level. Our results indicate that all individual governance indicators except regulatory …

Persistent link: https://www.econbiz.de/10009365058