形状
发表于 2025-3-23 12:28:37
http://reply.papertrans.cn/83/8293/829253/829253_11.png
飞行员
发表于 2025-3-23 17:31:36
Modeling the Risk of Sequence-of-Returns,irement withdrawals. More specifically this chapter proposes some formal metrics that measure the extent and magnitude of the risk using statistical correlation and regression methodologies. The chapter concludes by analyzing some derivative-based strategies, using put and call options, that can be used to mitigate the risk of ..
Intact
发表于 2025-3-23 21:22:46
The Lifetime Ruin Probability (LRP),is the simplest retirement risk metric, widely used by practitioners. After reviewing the underlying probability concepts, the chapter provides a number of analytic expressions and simulation-based recipes for computing, interpreting, and understanding the limitations of the LRP.
集合
发表于 2025-3-23 22:42:00
http://reply.papertrans.cn/83/8293/829253/829253_14.png
通情达理
发表于 2025-3-24 04:27:25
Life Annuities: From Immediate to Deferred,ions are mostly based on the Gompertz law of mortality, although a number of alternative continuous and discrete mortality models are discussed as well. The chapter concludes with a mathematical derivation and implementation of a closed-form expression for the Gompertz Annuity Valuation Model.
有节制
发表于 2025-3-24 08:08:02
http://reply.papertrans.cn/83/8293/829253/829253_16.png
沙漠
发表于 2025-3-24 12:47:38
Biological (and Other) Ages,true age can differ around the world and even within countries, based on wealth and income. The main computational implication of this chapter is that the . random variable .., depends on (much) more than just chronological age .. Such heterogeneity must be accounted for in any . methodology or . scheme.
繁忙
发表于 2025-3-24 15:14:53
Exotic Annuities for Longevity Risk,nce portfolio hits zero, a.k.a. ruin. This chapter explains why an RCLA might be a desirable financial instrument for retirees and compares its (cheaper) theoretical value to (more expensive) life annuities.
小母马
发表于 2025-3-24 19:37:53
Loading and Getting to Know R, chapter will teach you how to run and compile basic calculations, create some basic functions, and plot some basic figures. If you are already familiar with and/or have worked with .-studio, then you can skip ahead to the next chapter.
convulsion
发表于 2025-3-25 01:58:57
Coding the (Simple) Financial Life-Cycle Model,nctions that implement various aspects of the financial life-cycle model, which (in the opinion of this author) is the core foundation of . planning. In particular, recipes are provided for the optimal consumption (or savings) rates, the optimal multiple of salary that should be accumulated at any a