Name: King William's Tontine: Why the Retirement Annuity of the Future Should Resemble its Past (en Inglés)
Price: 173.33 PEN
Availability: InStock
Author: Milevsky, Moshe A.
ISBN: 9781107430754

portada King William's Tontine: Why the Retirement Annuity of the Future Should Resemble its Past (en Inglés)

King William's Tontine: Why the Retirement Annuity of the Future Should Resemble its Past (en Inglés)

Formato

Libro Físico

Autor

Moshe A. Milevsky

Editorial

Cambridge University Press

Año

2017

Idioma

Inglés

N° páginas

273

Encuadernación

Tapa Blanda

Dimensiones

22.9 x 15.2 x 1.6 cm

Peso

0.40 kg.

ISBN13

9781107430754

Categorías

Reino unido
Historia de la economía
Inversiones y títulos valores
Historia de europa

King William's Tontine: Why the Retirement Annuity of the Future Should Resemble its Past (en Inglés)

Moshe A. Milevsky (Autor) · Cambridge University Press · Tapa Blanda

Libro Nuevo Importado

Envío: 11 a 15 días háb.

S/ 385,19S/ 173,33

-55%

Costos de importación incluídos en el precio ✅

Libro Nuevo

Quedan 10 unidades

S/ 173,33

Llega entre el 20 Ago y el 27 Ago a CERCADO DE LIMA, Lima. Seleccionar ubicación

Agregar a lista de deseos

Reseña del libro "King William's Tontine: Why the Retirement Annuity of the Future Should Resemble its Past (en Inglés)"

In a time before bonds, treasury notes, or central banks, there were tontines. These were schemes in which a group of investors lent money to a government, corporation, or king, similar to a modern-day loan syndicate. But unlike conventional debt, periodic interest payments were distributed only to survivors. As tontine nominees died, the income of survivors correspondingly increased. Morbid, perhaps, but this was one of the earliest forms of longevity insurance in which the pool shared the risk. Moshe Milevsky tells the story of the first tontine issued by the English government in 1693, known as King William's tontine, intended to finance the war against French King Louis XIV. He explains how tontines work, the financial and economic thinking behind them, as well as why they fell into disrepute. Milevsky concludes with a provocative argument that suitably modified tontines should be resurrected for twenty-first century retirement income planning.