This book provides a summary of research on life annuities, longevity insurance, and their role in the “optimal†retirement portfolio. It starts with an overview of institutional aspects, moves on to discuss valuation issues, and concludes with a comprehensive review of the scholarly literature.
This book provides a summary of research on life annuities, longevity insurance, and their role in the “optimal†retirement portfolio. It starts with an overview of institutional aspects, moves on to discuss valu...
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