Search
Documentation Center

The Implied longevity yield : a note on developing an index for life annuities
Fichero PDF / PDF file
Collection: Articles
Title: The Implied longevity yield : a note on developing an index for life annuities / Moshe A. MilevskyAuthor: Milevsky, Moshe A. ‌
Notes: I 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 planRelated records: En: The Journal of risk and insurance. - Orlando. - Volume 72, number 2, June 2005 ; p. 301-320Materia / lugar / evento: Modelos matemáticos ‌Mercados financieros ‌Cálculo actuarial ‌Planes de pensiones ‌Estadísticas ‌Secondary titles: Título: The Journal of risk and insurance
Other categories: 6
Rights: In Copyright (InC)
‌ See issue detail