The Religious Roots of Longevity Risk Sharing PDF Download

Author: Moshe A. Milevsky
Publisher: Palgrave Macmillan
ISBN: 9783031624025
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This book presents a unique historical study on the origins of longevity risk management and its links to religious institutions in the eighteenth century. Throughout history, monarchs, affluent patrons, and wealthy benefactors routinely pledged to provide their devotees with pensions or life annuities, mirroring the biblical concept of ‘daily bread for life’. Until the eighteenth century, however, the uncertainty around the longevity of beneficiaries’ lives and the difficulty of budgeting for random financial obligations had posed economic challenges that often led to insufficient funding and high default rates. This book narrates the genesis of longevity risk pooling and the first successfully funded annuity scheme in history, an eventual prototype for national pension plans around the world. It examines how a group of Protestant clergymen, scientists, and intellectuals associated with the Presbyterian Church of Scotland pioneered innovative methods for setting up a reversionary annuity and widow’s pension plan, guided by actuarial principles. Unknown to many, the economist Adam Smith, and other literati of the Scottish Enlightenment, invested in this novel annuity. Illuminating the social and theological contexts of this scheme, the book argues that religious belief played a critical role in the development of best practices around the prudent management of longevity risk. The practices, values and beliefs in divine probabilities were at the heart of these thought leaders’ confidence in long-term financial projections. Shedding light on this fascinating aspect of actuarial history by an examination of the archival records, while also linking to contextual discussions of modern pension challenges, this book will be of interest to scholars and readers interested in finance, insurance, pensions, and religion.

Author: Moshe A. Milevsky
Publisher: Springer Nature
ISBN: 3031624033
Category :
Languages : en
Pages : 275

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Book Description

Author: Mark Tomass
Publisher: Springer
ISBN: 1137525711
Category : Political Science
Languages : en
Pages : 285

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Book Description
Explores the historical origins of Syria's religious sects and their dominance of the Syrian social scene. It identifies their distinct beliefs and relates how the actions of the religious authorities and political entrepreneurs acting on behalf of their sects expose them to sectarian violence, culminating in the dissolution of the nation-state.

Author: Paul D Numrich
Publisher: Rowman & Littlefield
ISBN: 1793639353
Category :
Languages : en
Pages : 285

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Book Description
Space sharing by groups is widespread in the United States, from commercial partnerships, to government and private sector joint use agreements, to the use of public facilities and commons. All space-sharing arrangements are similar in most respects, so what difference does it make when religious groups are involved?

Author: Kyoko Takanashi
Publisher: University of Virginia Press
ISBN: 0813947596
Category : Literary Criticism
Languages : en
Pages : 349

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Book Description
A recurrent trope in eighteenth- and nineteenth-century British fiction compares reading to traveling and asserts that the pleasures of novel-reading are similar to the joys of a carriage journey. Kyoko Takanashi points to how these narratives also, however, draw attention to the limits of access often experienced in travel, and she demonstrates the ways in which the realist novel, too, is marked by issues of access both symbolic and material. Limited Access draws on media studies and the history of books and reading to bring to life a history of realism concerned with the inclusivity of readers. Examining works by Henry Fielding, Laurence Sterne, Walter Scott, Charles Dickens, William Makepeace Thackeray, and George Eliot, Takanashi shows how novelists employed metaphors of transport to constantly reassess what readers could and could not access. She gives serious attention to marginalized readers figured within the text, highlighting their importance and how writers were concerned about the "limited access" of readers to their novels. Discussions of transport allowed novelists to think about mediation, and, as this study shows, these concerns about access became part of the rise of the novel and the history of realism in a way that literary history has not yet recognized.

Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309452961
Category : Medical
Languages : en
Pages : 583

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Book Description
In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

Author: Regina D. Sullivan
Publisher: Univ of South Carolina Press
ISBN: 1611174899
Category : Religion
Languages : en
Pages : 484

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Book Description
Essays from former students of Donald G. Mathews on topics in Southern religion Comprising essays written by former students of Donald G. Mathews, a distinguished historian of religion in the South, Varieties of Southern Religious History offers rich insight into the social and cultural history of the United States. Fifteen essays, edited by Regina D. Sullivan and Monte Harrell Hampton, offer fresh and insightful interpretations in the fields of U. S. religious history, women's history, and African American history from the colonial era to the twentieth century. Emerging scholars as well as established authors examine a range of topics on the cultural and social history of the South and the religious history of the United States. Essays on new topics include a consideration of Kentucky Presbyterians and their reaction to the rising pluralism of the early nineteenth century. Gerald Wilson offers an analysis of anti-Catholic bias in North Carolina during the twentieth century, and Mary Frederickson examines the rhetoric of death in contemporary correspondence. There are also reinterpretations of subjects such as late-eighteenth-century Ohio Valley missionaries Lorenzo and Peggy Dow, a recontextualization of Millerism, and new scholarship on the appeal of spiritualism in the South. Historians of U.S. women examine how individuals struggled with gender conventions in the late nineteenth and early twentieth centuries. Robert Martin and Cheryl Junk, touching on how women struggled with the gender convictions, discuss Anne Wittenmyer and Frances Bumpass, respectively, demonstrating how religious ideology both provided space for these women to move into new roles and yet limited their activities to specific realms. Emily Bingham offers a study of how her forebear Henrietta Bingham challenged gender roles in the early twentieth century. Historians of African American history offer provocative revisions of key topics. Larry Tise explores the complex religious, social, and political issues faced by late-eighteenth-century slaveholding Quakers. Monte Hampton traces the transition of the African Methodist Episcopal Church in Fayetteville, North Carolina, from a biracial congregation to an all-black church by 1835. Wayne Durrill and Thomas Mainwaring present reinterpretations of well-studied subjects: the Nat Turner rebellion and the Underground Railroad. This collection provides fresh insight into a variety of topics in honor of Donald G. Mathews and his legacy as a scholar of southern religion.

Author: Olivia S. Mitchell
Publisher: Oxford University Press
ISBN: 0192859803
Category : Law
Languages : en
Pages : 353

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Book Description
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Notwithstanding the terrible price the world has paid in the coronavirus pandemic, the fact remains that longevity at older ages is likely to continue to rise in the medium and longer term. This volume explores how the private and public sectors can collaborate via public-private partnerships (PPPs) to develop new mechanisms to reduce older people's risk of outliving their assets in later life. As this volume shows, PPPs typically involve shared government financing alongside private sector partner expertise, management responsibility, and accountability. In addition to offering empirical evidence on examples where this is working well, contributors provide case studies, discuss survey results, and examine a variety of different financial and insurance products to better meet the needs of the aging population. This volume will be informative to researchers, plan sponsors, students, and policymakers seeking to enhance retirement plan offerings.

Author: Salo Wittmayer Baron
Publisher: Columbia University Press
ISBN: 9780231088527
Category : History
Languages : en
Pages : 564

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Author: Kenneth E. Vail III
Publisher: Academic Press
ISBN: 0128172053
Category : Psychology
Languages : en
Pages : 503

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Book Description
The Science of Religion, Spirituality, and Existentialism presents in-depth analysis of the core issues in existential psychology, their connections to religion and spirituality (e.g., religious concepts, beliefs, identities, and practices), and their diverse outcomes (e.g., psychological, social, cultural, and health). Leading scholars from around the world cover research exploring how fundamental existential issues are both cause and consequence of religion and spirituality, informed by research data spanning multiple levels of analysis, such as: evolution; cognition and neuroscience; emotion and motivation; personality and individual differences; social and cultural forces; physical and mental health; among many others. The Science of Religion, Spirituality, and Existentialism explores known contours and emerging frontiers, addressing the big question of why religious belief remains such a central feature of the human experience. Discusses both abstract concepts of mortality and concrete near-death experiences Covers the struggles and triumphs associated with freedom, self-regulation, and authenticity Examines the roles of social exclusion, experiential isolation, attachment, and the construction of social identity Considers the problems of uncertainty, the effort to discern truth and reality, and the challenge to find meaning in life Discusses how the mind developed to handle existential topics, how the brain and mind implement the relevant processes, and the many variations and individual differences that alter those processes Delves into the psychological functions of religion and science; the influence on pro- and antisocial behavior, politics, and public policy; and looks at the role of spiritual concerns in understanding the human body and maintaining physical health