King William's Tontine
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portes grátis
King William's Tontine
Why the Retirement Annuity of the Future Should Resemble its Past
Milevsky, Moshe A. (York University, Toronto)
Cambridge University Press
11/2017
273
Mole
Inglês
9781107430754
15 a 20 dias
The book reviews the finance, economics, and history of tontines, through the story of the first tontine in England in 1693, which was intended to finance the war against France. Although tontines eventually disappeared from the financial landscape, the author argues that they should be resurrected in the twenty-first century.
1. King Billy, Protestant hero of England; 2. Tontine's economic origins: cheaper debt; 3. A most curious Will(iam) and older than you think; 4. The million act to fight a war against France; 5. Don't Englishmen die? Anti-selection vs fraud; 6. Is your tontine a stock or a bond?; 7. Optimal tontine: hedging (some) longevity risk; 8. Conclusion: tontines for the twenty-first century.
Este título pertence ao(s) assunto(s) indicados(s). Para ver outros títulos clique no assunto desejado.
The book reviews the finance, economics, and history of tontines, through the story of the first tontine in England in 1693, which was intended to finance the war against France. Although tontines eventually disappeared from the financial landscape, the author argues that they should be resurrected in the twenty-first century.
1. King Billy, Protestant hero of England; 2. Tontine's economic origins: cheaper debt; 3. A most curious Will(iam) and older than you think; 4. The million act to fight a war against France; 5. Don't Englishmen die? Anti-selection vs fraud; 6. Is your tontine a stock or a bond?; 7. Optimal tontine: hedging (some) longevity risk; 8. Conclusion: tontines for the twenty-first century.
Este título pertence ao(s) assunto(s) indicados(s). Para ver outros títulos clique no assunto desejado.
