Description: February 2018 Risk & Rewards Chairperson's Corner.

Description: Feature article describing a framework for the computation of credit capital requirements under the constant position paradigm, taking into account recovery rates.

Description: Review of the address given by Richard H. Thaler, Robert P. Gwinn Professor of Behavioral Science and Economics at the University of Chicago at the Investment Section at the Society of Actuaries meeting in New York on October 20.

Description: This articles offers an approach for accounting for executive stock options.

Description: Why Write Variable Products When You Can Put the Money Directly into the Stock Market?

Description: What Makes the Yield Curve Move?

Description: This article explores the possibility of using innovations from the financial markets to reduce some portion of the LTC risk and thus encourage the growth of the product.

Description: Chairperson’s column discusses recent events in the investment industry.

Description: The author provides insights into the reasons for the decline of Japanese government bond yields to record lows as of October 1997. This article originally appeared in the November 1997 issue of International Economic Trends, and is reprinted courtesy of the Federal Reserve Bank of St. Louis.

Description: This article discusses the demographic trends as the “baby boomer” generation begins to retire, including implications for retirement plans, Social Security, and other considerations. Reprinted from the Federal Reserve Bank of San Francisco Economic Letter, Number 98–20, June 26, 1998.