Modelling Home Equity Conversion Loans With Life Insurance Models
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Møller,Thomas & Steffensen,Mogens, 2007. "Market-Valuation Methods in Life and Pension Insurance," Cambridge Books, Cambridge University Press, number 9780521868778, October.
- Milevsky,Moshe A., 2006. "The Calculus of Retirement Income," Cambridge Books, Cambridge University Press, number 9780521842587, October.
- Cannon, Edmund & Tonks, Ian, 2008. "Annuity Markets," OUP Catalogue, Oxford University Press, number 9780199216994.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Tomáš Cipra, 2014. "Pension Demand and Utility: The Life Annuity Puzzle," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 64(3), pages 213-232, June.
- Tomas Cipra, 2010. "Securitization of Longevity and Mortality Risk," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 60(6), pages 545-560, December.
- Stamos, Michael Z., 2008. "Optimal consumption and portfolio choice for pooled annuity funds," Insurance: Mathematics and Economics, Elsevier, vol. 43(1), pages 56-68, August.
- Gerstner, Thomas & Griebel, Michael & Holtz, Markus & Goschnick, Ralf & Haep, Marcus, 2008. "A general asset-liability management model for the efficient simulation of portfolios of life insurance policies," Insurance: Mathematics and Economics, Elsevier, vol. 42(2), pages 704-716, April.
- Jonas Alm & Filip Lindskog, 2015. "Valuation of Index-Linked Cash Flows in a Heath–Jarrow–Morton Framework," Risks, MDPI, vol. 3(3), pages 1-27, September.
- Post, Thomas, 2009. "Individual welfare gains from deferred life-annuities under stochastic Lee-Carter mortality," SFB 649 Discussion Papers 2009-022, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Berdin, Elia, 2016. "Interest rate risk, longevity risk and the solvency of life insurers," ICIR Working Paper Series 23/16, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR).
- Matheus R Grasselli & Sebastiano Silla, 2009. "A policyholder's utility indifference valuation model for the guaranteed annuity option," Papers 0908.3196, arXiv.org.
- José Luis Iparraguirre, 2020.
"Economics and Ageing,"
Springer Books,
Springer, number 978-3-030-29019-1, June.
- José Luis Iparraguirre, 2018. "Economics and Ageing," Springer Books, Springer, number 978-3-319-93357-3, July.
- José Luis Iparraguirre, 2018. "Economics and Ageing," Springer Books, Springer, number 978-3-319-93248-4, June.
- José Luis Iparraguirre, 2019. "Economics and Ageing," Springer Books, Springer, number 978-3-030-29013-9, June.
- Blake, David & Boardman, Tom, 2010. "Spend more today: Using behavioural economics to improve retirement expenditure decisions," MPRA Paper 34234, University Library of Munich, Germany.
- Maik T. Schneider & Ralph Winkler, 2021.
"Growth and Welfare under Endogenous Lifetimes,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(4), pages 1339-1384, October.
- Maik T. Schneider & Ralph Winkler, 2010. "Growth and Welfare under Endogenous Lifetime," Diskussionsschriften dp1013, Universitaet Bern, Departement Volkswirtschaft.
- Maik T. Schneider & Ralph Winkler, 2017. "Growth and Welfare under Endogenous Lifetime," CESifo Working Paper Series 6367, CESifo.
- Schneider, Maik & Winkler, Ralph, 2013. "Growth and Welfare under Endogenous Lifetime," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 80018, Verein für Socialpolitik / German Economic Association.
- Maik T. Schneider & Ralph Winkler, 2010. "Growth and Welfare under Endogenous Lifetime," CER-ETH Economics working paper series 10/137, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Ec. Ana Preda, Ph. D Student, Lect. Mirela Monea Ph. D, 2011. "Theunit-Linkedinsurance- A Formof Long Termeconomizing In Thecontext Of Globalcrisis," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 4(39), pages 251-258, May.
- Sanders, Lisanne & Melenberg, Bertrand, 2016. "Estimating the joint survival probabilities of married individuals," Insurance: Mathematics and Economics, Elsevier, vol. 67(C), pages 88-106.
- Petrichev, Konstantin & Thorp, Susan, 2008.
"The private value of public pensions,"
Insurance: Mathematics and Economics, Elsevier, vol. 42(3), pages 1138-1145, June.
- Konstantin Petrichev & Susan Thorp, 2007. "The Private Value of Public Pensions," Research Paper Series 211, Quantitative Finance Research Centre, University of Technology, Sydney.
- de-Paz, Albert & Marín-Solano, Jesús & Navas, Jorge & Roch, Oriol, 2014.
"Consumption, investment and life insurance strategies with heterogeneous discounting,"
Insurance: Mathematics and Economics, Elsevier, vol. 54(C), pages 66-75.
- Albert de-Paz & Jesus Marin-Solano & Jorge Navas & Oriol Roch, 2012. "Consumption, investment and life insurance strategies with heterogeneous discounting," Working Papers in Economics 277, Universitat de Barcelona. Espai de Recerca en Economia.
- Huaxiong Huang & Moshe A. Milevsky & Thomas S. Salisbury, 2012. "A different perspective on retirement income sustainability: the blueprint for a ruin contingent life annuity (RCLA)," Papers 1205.2513, arXiv.org.
- Noël Bonneuil, 2013. "Early Warning to Insolvency in the Pension Fund: The French Case," Risks, MDPI, vol. 1(1), pages 1-13, January.
- Christiansen, Marcus C. & Djehiche, Boualem, 2020.
"Nonlinear reserving and multiple contract modifications in life insurance,"
Insurance: Mathematics and Economics, Elsevier, vol. 93(C), pages 187-195.
- Marcus C. Christiansen & Boualem Djehiche, 2019. "Nonlinear reserving and multiple contract modifications in life insurance," Papers 1911.06159, arXiv.org, revised Mar 2020.
- Ben J. Heijdra & Jochen O. Mierau, 2009. "Annuity Market Imperfection, Retirement and Economic Growth," CESifo Working Paper Series 2717, CESifo.
- Ulm, Eric R., 2014. "Analytic solution for ratchet guaranteed minimum death benefit options under a variety of mortality laws," Insurance: Mathematics and Economics, Elsevier, vol. 58(C), pages 14-23.
More about this item
Keywords
home equity conversion loan; life insurance; actuarial present value; annuity;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:beo:journl:v:58:y:2013:i:199:p:127-164. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Goran Petrić (email available below). General contact details of provider: https://edirc.repec.org/data/efbeoyu.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.