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Perceived pollution and health factors raise willingness to pay
Study of factors determining household willingness to pay for improved urban air quality in Khulna City, Bangladesh, based on survey data from 385 households.
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Analytic GMIB valuation was faster than Monte Carlo simulation
Framework for valuing guaranteed minimum income benefits in variable annuities using numéraire transformation; achieves 99% computational time reduction versus Monte Carlo simulation.
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Household production reduces measured inequality, but less over time
Analysis of household production's role in material living standards inequality in the U.S., 1965–2018, showing extended income measures capture greater inequality than market metrics alone.
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UAE-specific crises produced negative firm returns; global crises often positive
Study examines how global and domestic crises impact UAE financial markets using STL decomposition, revealing asymmetric responses across firm characteristics and event categories.
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Correlated regime-switching raises guaranteed annuity option prices
Learn how regime-switching models and correlated risks improve guaranteed annuity option valuation, providing insurers with accurate pricing and enhanced risk management frameworks.
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Non-permanent carbon removal can lower mitigation costs
Welfare analysis of permanent versus non-permanent carbon dioxide removal: non-permanent CDR lowers near-term mitigation costs but does not reduce long-run temperatures; policy requires.
