| 000 | 01223cam a2200193 4500500 | ||
|---|---|---|---|
| 005 | 20250121053433.0 | ||
| 041 | _afre | ||
| 042 | _adc | ||
| 100 | 1 | 0 |
_aEl Karoui, Nicole _eauthor |
| 700 | 1 | 0 |
_a Hillairet, Caroline _eauthor |
| 700 | 1 | 0 |
_a Loisel, Stéphane _eauthor |
| 700 | 1 | 0 |
_a Salhi, Yahia _eauthor |
| 245 | 0 | 0 | _aThe Price of Longevity Risk |
| 260 | _c2019. | ||
| 500 | _a60 | ||
| 520 | _aIn this article, we address the issue of the price of longevity risk. We begin by describing the risk of longevity and its components, distinguishing biometric, financial and regulatory aspects. We then explain the different valuation frameworks (actuarial, financial and regulatory), their common points and their differences. We discuss the issue of discounting and modeling long-term interest rates for longevity risk management. We also give details on the subjective and pragmatic way to handle different components of longevity risk, especially the most extreme, in the market. JEL Codes: G12, I13. | ||
| 786 | 0 | _nRevue d'économie financière | 133 | 1 | 2019-06-25 | p. 129-145 | 0987-3368 | |
| 856 | 4 | 1 | _uhttps://shs.cairn.info/journal-revue-d-economie-financiere-2019-1-page-129?lang=en&redirect-ssocas=7080 |
| 999 |
_c468070 _d468070 |
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