Description: Investment Fallacies: The Fallacy of the Fed Model

Description: E-book contains 16 topical essays that express the opinions and thoughts of a number of authors on the subject of Investment Fallacies.

Description: New Zealand is about to launch its first variable annuity with guaranteed lifetime withdrawal benefits. The product design is mindful of the lessons from the financial crisis in the United States, Europe and Japan.

Description: After reading the Panjer-Bellhouse paper in the Proceedings of the Ball State University Conference, I wondered whether their technique could be used when a realistic investment process was assumed. I believe that such an extension is necessary if the theory is to have any practical application I have had little success in trying to do this. I have decided to present some thoughts and to invite others with different perspectives to bring them to fruition.

Description: This paper attempts to distill from these various models a practical application of the key principles for reform.

Description: This article lists potential problems as a result of the elimination of Thirty-Year Treasury Auction Issue. Some problems mentioned are 1 discounting pension liabilities, 2 bond market 3 swap curve and 4 liquidity.

Description: Investment Fallacies: Mathematical modeling of social phenomena

Description: This articles educates the reader on Mortgage-Backed Securities. It highlights the value of this asset class and also a few of the challenges.

Description: This work describes a study undertaken to determine whether the Federal Housing Administration FHA should modify or discontinue its single-family home mortgage insurance program for investor i.e., non-occupant loans.

Description: Invest Fallacies: Active management overall performs different than passive management