Asset Allocation and Implied Longevity Yield in A Stochastic Economy

碩士 === 逢甲大學 === 統計與精算所 === 96 === This paper is to study the financial issue of annuitization and/or self-annuitization that most retirees face. A retiree can convert his total wealth into annuity income. Alternatively, he can invest by himself with a withdrawal plan similar to the annuity income. O...

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Bibliographic Details
Main Authors: Hong-Yu Chen, 陳弘育
Other Authors: Richard Lu
Format: Others
Language:zh-TW
Published: 2008
Online Access:http://ndltd.ncl.edu.tw/handle/13495177562901513329