Narrow search
Showing 1 - 10 of 50,637
Cover Image
Pensions, economic growth and welfare in advanced economies
Devesa, Enrique; Doménech, Rafael - In: Economic challenges of pension systems : a …, (pp. 81-103). 2020
In this chapter, we analyse the effects of PAYG and funded pension systems on welfare. The debate on the choice between alternative systems focuses on their effects on savings, capital accumulation, labour supply, economic growth and inequality and the potential benefits of mixed systems in...
Persistent link: https://www.econbiz.de/10012207196
Cover Image
The challenge of managing longevity risk
Riemer-Hommel, Petra; Trauth, Thomas - In: Risk management : challenge and opportunity ; with 125 …, (pp. 391-406). 2005
Persistent link: https://www.econbiz.de/10002447968
Cover Image
Challenges and solutions for the management of longevity risk
Riemer-Hommel, Petra; Trauth, Thomas - In: Risk management : challenge and opportunity : with 37 …, (pp. 85-100). 2000
Persistent link: https://www.econbiz.de/10001495914
Cover Image
Fully funded social security pensions, lifetime risk and income
Laps, Jochen - In: Essays on demography-driven inequality and the long-run …, (pp. 45-78). 2016
Persistent link: https://www.econbiz.de/10011621630
Cover Image
Longevity-linked annuities : how to preserve value creation against longevity risk
Olivieri, Annamaria; Pitacco, Ermanno - In: Life insurance in Europe : risk analysis and market …, (pp. 103-126). 2020
declining mortality rates, in particular at unanticipated levels. Increasing the annuity loading rewarding the accepted …
Persistent link: https://www.econbiz.de/10012310607
Cover Image
The longevity annuity : an annuity for everyone?
Scott, Jason S. - In: Private wealth : advances in wealth management practices, (pp. 137-149). 2009
Persistent link: https://www.econbiz.de/10003810017
Cover Image
Modelling the life expectancy of elderly people for life insurance and pension systems
Jędrzychowska, Anna; Gogola, Ján - In: Life insurance in Europe : risk analysis and market …, (pp. 127-145). 2020
This chapter demonstrates the importance for insurance and pension companies of correctly measuring mortality and life … expectancy. The analysis focuses on mortality at higher ages (65–95), in line with an interest in pension-related applications … where the risk associated with longer-term cash flow is primarily linked to uncertainty regarding future mortality rates …
Persistent link: https://www.econbiz.de/10012310620
Cover Image
Distributional effects in a general equilibrium analysis of social security
Kotlikoff, Laurence J.; Smetters, Kent A.; Walliser, Jan - In: The distributional aspects of social security and …, (pp. 327-361). 2002
Persistent link: https://www.econbiz.de/10001700278
Cover Image
The fair premium of an equity-linked life and pension insurance
Aase Nielsen, Jørgen; Sandmann, Klaus - In: Advances in finance and stochastics : essays in honour …, (pp. 219-255). 2002
Persistent link: https://www.econbiz.de/10001672238
Cover Image
Pension design and risk sharing : mixed solutions between defined benefit and defined contribution for public pension schemes
Devolder, Pierre; Valeriola, Sébastien de - In: Economic challenges of pension systems : a …, (pp. 311-339). 2020
In classical pension design, there are essentially two kinds of pension schemes: Defined Benefit (DB) and Defined Contribution (DC) plans. Each scheme corresponds to a different philosophy of spreading risk between the stakeholders: in a DB, the main risks are taken by the organizer of the plan,...
Persistent link: https://www.econbiz.de/10012207433