Dissaving of the Past via Reverse Mortgages
نویسندگان
چکیده
منابع مشابه
Securitization of longevity risk in reverse mortgages
Reverse mortgages are becoming remarkably popular in the last few years in Australia, and although they have been around a lot longer in the United States, they are receiving renewed interest among the elderly. Increase in life expectancies and decrease in the real income at retirement due to inflation continue to worry the those who are retired or close to retirement. Today, financial products...
متن کاملReverse Mortgages and the Liquidity of Housing Wealth
Housing wealth constitutes most of the non-pension wealth of the elderly population. This study analyzes the potential of reverse mortgages to increase the income and liquid wealth of the elderly by identifying households with relatively high levels of housing equity. Because this article looks at the whole distribution of elderly households and considers debt as well as income, it finds a larg...
متن کاملnew semigroup compactifications via the enveloping semigroups of associated flows
this thesis deals with the construction of some function algebras whose corresponding semigroup compactification are universal with respect to some properies of their enveloping semigroups. the special properties are of beigan a left zero, a left simple, a group, an inflation of the right zero, and an inflation of the rectangular band.
15 صفحه اولRisk Based Capital and Pricing for Reverse Mortgages Revisited
Demographic change is happening in developed countries with an ageing of the population. Individuals are financing retirement increasingly from superannuation savings and less from government pension support. A major asset that individuals have to fund their retirement is the residential home. The reverse mortgage is a product that allows retirees to access the value of their home to provide fi...
متن کاملTo What Degree Can the Effects of Reverse Mortgages Be Anticipated?
Social insurance reforms that have been instituted in rapid succession in recent years have established a common orientation of reduced benefits instead of rising insurance premiums. For example, in medical system reforms carried out over the past two years, insurance benefit expenses were practically reduced by, for example, an increase in insured copayments and a higher eligibility age for El...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Revista Brasileira de Economia
سال: 2017
ISSN: 0034-7140
DOI: 10.5935/0034-7140.20170002