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  • The Investment Process and Present Value Calculations

    The Investment Process and Present Value Calculations After reading the Panjer-Bellhouse paper in the ... o) = ~(t) + (u) O 38 (~7) Substituting (17) into (3), we finally arrive at f ~(t,t o) = 7i~(u) ...

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    • Authors: James A Tilley
    • Date: Jan 1980
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise
    • Publication Name: Actuarial Research Clearing House
    • Topics: Finance & Investments>Investments; Modeling & Statistical Methods>Stochastic models