Self-Annuitization, Ruin Risk in Retirement and Asset Allocation: The Annuity Benchmark

The present paper considers a retiree of a certain age with an initial endowment of investable wealth facing the following alternative investment opportunities. One possibility is to buy a single premium immediate annuity-contract...

MoreLess

Year of publication:	2001-09-01
Authors:	Albrecht, Peter ; Maurer, Raimond
Publisher:	Universität <Mannheim> / Fakultät für Betriebswirtschaftslehre
Subject:	Versicherungsvertrag \| insurance contract \| Portfoliomanagement \| portfolio management \| Ruintheorie \| rmite time ruin probabilities

More details

Extent:	60416 bytes 19 p. application/pdf
Series:	Universität Mannheim - Fakkultät für Betriebswirtschaft - Veröffentlichungen
Type of publication:	Book / Working Paper
Language:	English
Notes:	AFIR Colloquium - Toronto, Canada - September 6-7, 2001
Classification:	Management of insurance ; Insurance Industry ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005847439