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The Implied longevity yield : a note on developing an index for life annuities

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1001 ‎$0‎MAPA20080226343‎$a‎Milevsky, Moshe A.
24514‎$a‎The Implied longevity yield : a note on developing an index for life annuities‎$c‎Moshe A. Milevsky
5208 ‎$a‎I develop an index for tracking the dynamic behavior of life (pension) annuity payots over time, based on the concept of self-annuitization. Our implied longevity yield (ILY) value is defined equal to the internal rate of return (IRR) over a fixed deferral period that an individual would have to earn on their investable wealth if they decided to self-annuitize using a systematic with drawal plan
65011‎$0‎MAPA20080592042‎$a‎Modelos matemáticos
65011‎$0‎MAPA20080597641‎$a‎Mercados financieros
65001‎$0‎MAPA20080579258‎$a‎Cálculo actuarial
65011‎$0‎MAPA20080592455‎$a‎Planes de pensiones
65001‎$0‎MAPA20080562342‎$a‎Estadísticas
7404 ‎$a‎The Journal of risk and insurance
7730 ‎$w‎MAP20077000727‎$t‎The Journal of risk and insurance‎$d‎Orlando‎$g‎Volume 72, number 2, June 2005 ; p. 301-320