The calculus of retirement income :: financial models for pension annuities and life insurance /
The book introduces and develops the basic actuarial models and underlying pricing of life-contingent pension annuities and life insurance from a unique financial perspective. The ideas and techniques are then applied to the real-world problem of generating sustainable retirement income towards the...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Cambridge :
Cambridge University Press,
2006.
|
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | The book introduces and develops the basic actuarial models and underlying pricing of life-contingent pension annuities and life insurance from a unique financial perspective. The ideas and techniques are then applied to the real-world problem of generating sustainable retirement income towards the end of the human life-cycle. The role of lifetime income, longevity insurance, and systematic withdrawal plans are investigated in a parsimonious framework. The underlying technology and terminology of the book are based on continuous-time financial economics by merging analytic laws of mortality with the dynamics of equity markets and interest rates. Nonetheless, the book requires a minimal background in mathematics and emphasizes applications and examples more than proofs and theorems. It can serve as an ideal textbook for an applied course on wealth management and retirement planning in addition to being a reference for quantitatively-inclined financial planners. |
Beschreibung: | Title from e-book title screen (viewed Oct. 16, 2007). |
Beschreibung: | 1 online resource (xiv, 321 pages) |
Bibliographie: | Includes bibliographical references and index. |
ISBN: | 0511191340 9780511191343 0511189966 9780511189968 0511191790 9780511191794 9780511753855 0511753853 0521842581 9780521842587 1280458704 9781280458705 0511190603 9780511190605 0511190921 9780511190926 9786610458707 6610458707 |
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245 | 1 | 4 | |a The calculus of retirement income : |b financial models for pension annuities and life insurance / |c Moshe A. Milevsky. |
260 | |a Cambridge : |b Cambridge University Press, |c 2006. | ||
300 | |a 1 online resource (xiv, 321 pages) | ||
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500 | |a Title from e-book title screen (viewed Oct. 16, 2007). | ||
504 | |a Includes bibliographical references and index. | ||
505 | 0 | |a Introduction and motivation -- Modeling the human life-cycle -- Models of human mortality -- Valuation models of deterministic interest -- Models of risky financial investments -- Models of pension life annuities -- Models of life insurance -- Models of DB vs. DC pensions -- Sustainable spending at retirement -- Longevity insurance revisited -- Options within variable annuities -- The utility of annuitization -- Final words. | |
520 | |a The book introduces and develops the basic actuarial models and underlying pricing of life-contingent pension annuities and life insurance from a unique financial perspective. The ideas and techniques are then applied to the real-world problem of generating sustainable retirement income towards the end of the human life-cycle. The role of lifetime income, longevity insurance, and systematic withdrawal plans are investigated in a parsimonious framework. The underlying technology and terminology of the book are based on continuous-time financial economics by merging analytic laws of mortality with the dynamics of equity markets and interest rates. Nonetheless, the book requires a minimal background in mathematics and emphasizes applications and examples more than proofs and theorems. It can serve as an ideal textbook for an applied course on wealth management and retirement planning in addition to being a reference for quantitatively-inclined financial planners. | ||
650 | 0 | |a Old age pensions |x Mathematical models. | |
650 | 0 | |a Annuities |x Mathematical models. | |
650 | 0 | |a Retirement income |x Mathematical models. | |
650 | 6 | |a Pensions de vieillesse |x Modèles mathématiques. | |
650 | 6 | |a Annuités |x Modèles mathématiques. | |
650 | 6 | |a Revenu de retraite |x Modèles mathématiques. | |
650 | 7 | |a BUSINESS & ECONOMICS |x Insurance |x General. |2 bisacsh | |
650 | 7 | |a Annuities |x Mathematical models |2 fast | |
650 | 7 | |a Old age pensions |x Mathematical models |2 fast | |
650 | 7 | |a Retirement income |x Mathematical models |2 fast | |
650 | 7 | |a Altersversorgung |2 gnd | |
650 | 7 | |a Mathematisches Modell |2 gnd |0 http://d-nb.info/gnd/4114528-8 | |
650 | 1 | 7 | |a Actuariële wetenschappen. |2 gtt |
650 | 1 | 7 | |a Pensioen. |2 gtt |
650 | 1 | 7 | |a Levensverzekering. |2 gtt |
758 | |i has work: |a The calculus of retirement income (Text) |1 https://id.oclc.org/worldcat/entity/E39PCFykF93GgmyCMj6HcDRDRq |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
776 | 0 | 8 | |i Print version: |a Milevsky, Moshe Arye, 1967- |t Calculus of retirement income. |d Cambridge : Cambridge University Press, 2006 |w (DLC) 2005029455 |
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Datensatz im Suchindex
DE-BY-FWS_katkey | ZDB-4-EBA-ocm71290314 |
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adam_text | |
any_adam_object | |
author | Milevsky, Moshe Arye, 1967- |
author_GND | http://id.loc.gov/authorities/names/n00087944 |
author_facet | Milevsky, Moshe Arye, 1967- |
author_role | |
author_sort | Milevsky, Moshe Arye, 1967- |
author_variant | m a m ma mam |
building | Verbundindex |
bvnumber | localFWS |
callnumber-first | H - Social Science |
callnumber-label | HD7105 |
callnumber-raw | HD7105.3 |
callnumber-search | HD7105.3 |
callnumber-sort | HD 47105.3 |
callnumber-subject | HD - Industries, Land Use, Labor |
classification_rvk | QX 400 |
collection | ZDB-4-EBA |
contents | Introduction and motivation -- Modeling the human life-cycle -- Models of human mortality -- Valuation models of deterministic interest -- Models of risky financial investments -- Models of pension life annuities -- Models of life insurance -- Models of DB vs. DC pensions -- Sustainable spending at retirement -- Longevity insurance revisited -- Options within variable annuities -- The utility of annuitization -- Final words. |
ctrlnum | (OCoLC)71290314 |
dewey-full | 368.3/701 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 368 - Insurance |
dewey-raw | 368.3/701 |
dewey-search | 368.3/701 |
dewey-sort | 3368.3 3701 |
dewey-tens | 360 - Social problems and services; associations |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
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id | ZDB-4-EBA-ocm71290314 |
illustrated | Not Illustrated |
indexdate | 2024-11-27T13:15:57Z |
institution | BVB |
isbn | 0511191340 9780511191343 0511189966 9780511189968 0511191790 9780511191794 9780511753855 0511753853 0521842581 9780521842587 1280458704 9781280458705 0511190603 9780511190605 0511190921 9780511190926 9786610458707 6610458707 |
language | English |
oclc_num | 71290314 |
open_access_boolean | |
owner | MAIN DE-863 DE-BY-FWS |
owner_facet | MAIN DE-863 DE-BY-FWS |
physical | 1 online resource (xiv, 321 pages) |
psigel | ZDB-4-EBA |
publishDate | 2006 |
publishDateSearch | 2006 |
publishDateSort | 2006 |
publisher | Cambridge University Press, |
record_format | marc |
spelling | Milevsky, Moshe Arye, 1967- https://id.oclc.org/worldcat/entity/E39PBJkD994WrWdtQc6PyqvbVC http://id.loc.gov/authorities/names/n00087944 The calculus of retirement income : financial models for pension annuities and life insurance / Moshe A. Milevsky. Cambridge : Cambridge University Press, 2006. 1 online resource (xiv, 321 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier Title from e-book title screen (viewed Oct. 16, 2007). Includes bibliographical references and index. Introduction and motivation -- Modeling the human life-cycle -- Models of human mortality -- Valuation models of deterministic interest -- Models of risky financial investments -- Models of pension life annuities -- Models of life insurance -- Models of DB vs. DC pensions -- Sustainable spending at retirement -- Longevity insurance revisited -- Options within variable annuities -- The utility of annuitization -- Final words. The book introduces and develops the basic actuarial models and underlying pricing of life-contingent pension annuities and life insurance from a unique financial perspective. The ideas and techniques are then applied to the real-world problem of generating sustainable retirement income towards the end of the human life-cycle. The role of lifetime income, longevity insurance, and systematic withdrawal plans are investigated in a parsimonious framework. The underlying technology and terminology of the book are based on continuous-time financial economics by merging analytic laws of mortality with the dynamics of equity markets and interest rates. Nonetheless, the book requires a minimal background in mathematics and emphasizes applications and examples more than proofs and theorems. It can serve as an ideal textbook for an applied course on wealth management and retirement planning in addition to being a reference for quantitatively-inclined financial planners. Old age pensions Mathematical models. Annuities Mathematical models. Retirement income Mathematical models. Pensions de vieillesse Modèles mathématiques. Annuités Modèles mathématiques. Revenu de retraite Modèles mathématiques. BUSINESS & ECONOMICS Insurance General. bisacsh Annuities Mathematical models fast Old age pensions Mathematical models fast Retirement income Mathematical models fast Altersversorgung gnd Mathematisches Modell gnd http://d-nb.info/gnd/4114528-8 Actuariële wetenschappen. gtt Pensioen. gtt Levensverzekering. gtt has work: The calculus of retirement income (Text) https://id.oclc.org/worldcat/entity/E39PCFykF93GgmyCMj6HcDRDRq https://id.oclc.org/worldcat/ontology/hasWork Print version: Milevsky, Moshe Arye, 1967- Calculus of retirement income. Cambridge : Cambridge University Press, 2006 (DLC) 2005029455 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=159781 Volltext |
spellingShingle | Milevsky, Moshe Arye, 1967- The calculus of retirement income : financial models for pension annuities and life insurance / Introduction and motivation -- Modeling the human life-cycle -- Models of human mortality -- Valuation models of deterministic interest -- Models of risky financial investments -- Models of pension life annuities -- Models of life insurance -- Models of DB vs. DC pensions -- Sustainable spending at retirement -- Longevity insurance revisited -- Options within variable annuities -- The utility of annuitization -- Final words. Old age pensions Mathematical models. Annuities Mathematical models. Retirement income Mathematical models. Pensions de vieillesse Modèles mathématiques. Annuités Modèles mathématiques. Revenu de retraite Modèles mathématiques. BUSINESS & ECONOMICS Insurance General. bisacsh Annuities Mathematical models fast Old age pensions Mathematical models fast Retirement income Mathematical models fast Altersversorgung gnd Mathematisches Modell gnd http://d-nb.info/gnd/4114528-8 Actuariële wetenschappen. gtt Pensioen. gtt Levensverzekering. gtt |
subject_GND | http://d-nb.info/gnd/4114528-8 |
title | The calculus of retirement income : financial models for pension annuities and life insurance / |
title_auth | The calculus of retirement income : financial models for pension annuities and life insurance / |
title_exact_search | The calculus of retirement income : financial models for pension annuities and life insurance / |
title_full | The calculus of retirement income : financial models for pension annuities and life insurance / Moshe A. Milevsky. |
title_fullStr | The calculus of retirement income : financial models for pension annuities and life insurance / Moshe A. Milevsky. |
title_full_unstemmed | The calculus of retirement income : financial models for pension annuities and life insurance / Moshe A. Milevsky. |
title_short | The calculus of retirement income : |
title_sort | calculus of retirement income financial models for pension annuities and life insurance |
title_sub | financial models for pension annuities and life insurance / |
topic | Old age pensions Mathematical models. Annuities Mathematical models. Retirement income Mathematical models. Pensions de vieillesse Modèles mathématiques. Annuités Modèles mathématiques. Revenu de retraite Modèles mathématiques. BUSINESS & ECONOMICS Insurance General. bisacsh Annuities Mathematical models fast Old age pensions Mathematical models fast Retirement income Mathematical models fast Altersversorgung gnd Mathematisches Modell gnd http://d-nb.info/gnd/4114528-8 Actuariële wetenschappen. gtt Pensioen. gtt Levensverzekering. gtt |
topic_facet | Old age pensions Mathematical models. Annuities Mathematical models. Retirement income Mathematical models. Pensions de vieillesse Modèles mathématiques. Annuités Modèles mathématiques. Revenu de retraite Modèles mathématiques. BUSINESS & ECONOMICS Insurance General. Annuities Mathematical models Old age pensions Mathematical models Retirement income Mathematical models Altersversorgung Mathematisches Modell Actuariële wetenschappen. Pensioen. Levensverzekering. |
url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=159781 |
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