The paper is focused on a contractual scheme where an immediate life annuity is obtained by paying a single premium in the form of real estate rights (RERs). Such contract is framed within the varied macrocosm of personal pension products, that proves to be an increasingly attractive and scientifically stimulating tool in the economic and social context in which we currently find ourselves. The basic structure requires the lender to pay the borrower/homeowner a life annuity against a part or the totality of the future liquidation value of his home at the time of his death. In this work we will explore some characteristics of the product, paying attention to the risk sources which impact on it.

Real estate pension schemes: modeling and perspectives / D’Amato., V.; Di Lorenzo, E.; Piscopo, G.; Sibillo, M.; Tizzano, R.. - (2020). (Intervento presentato al convegno 6th Stochastic Modeling Techniques and Data Analysis International Conference and Demographics 2020 Workshop nel 1-4 June 2020 - Turned into virtual conference).

Real estate pension schemes: modeling and perspectives

E. Di Lorenzo;G. Piscopo;R. Tizzano
2020

Abstract

The paper is focused on a contractual scheme where an immediate life annuity is obtained by paying a single premium in the form of real estate rights (RERs). Such contract is framed within the varied macrocosm of personal pension products, that proves to be an increasingly attractive and scientifically stimulating tool in the economic and social context in which we currently find ourselves. The basic structure requires the lender to pay the borrower/homeowner a life annuity against a part or the totality of the future liquidation value of his home at the time of his death. In this work we will explore some characteristics of the product, paying attention to the risk sources which impact on it.
2020
Real estate pension schemes: modeling and perspectives / D’Amato., V.; Di Lorenzo, E.; Piscopo, G.; Sibillo, M.; Tizzano, R.. - (2020). (Intervento presentato al convegno 6th Stochastic Modeling Techniques and Data Analysis International Conference and Demographics 2020 Workshop nel 1-4 June 2020 - Turned into virtual conference).
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11588/820275
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact