PL EN


2006 | 53 | 6 | 560-567
Article title

Can actuaries wriggle out of their straitjackets? Comments on Miklos Arato's contribution on Janos Stahl's article.

Authors
Title variants
Languages of publication
HU
Abstracts
EN
Janos Stahl's article and Miklos Arato's contribution on it show that the reason for the absence of a solution to a problem seen as technical by outside observers and an internal professional matter by expert insurance mathematicians - the annuities provided to their members by the pension funds making up the second pillar of the pension system - must be sought largely in the lack of an economic grounding, or deficiencies in it. The answers that have been impeding progress suffer from lack of clarity, misconceptions or plain mistakes of principle and theory, and these have been preventing progress for almost a decade. The basic condition for a solution is to escape from the straitjacket of the actuarial thinking of those schooled in insurance practice. The author of this discussion article eventually arrives at almost the same point as Janos Stahl, but not by the same route and drawing different conclusions. Stahl strained at the actuarial framework and met with incomprehension, while the author of these lines seeks a solution to an economic problem..
Keywords
Year
Volume
53
Issue
6
Pages
560-567
Physical description
Document type
ARTICLE
Contributors
author
  • Gy. Nemeth, no address given, contact the journal editor
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
07HUAAAA02986113
YADDA identifier
bwmeta1.element.32cce292-4864-387b-9b3e-6f88c191d26d
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