The Economics of Life Insurance Regulation: Valuation Constraints
G. F. Mathewson and
Ralph Winter ()
Chapter 10 in The Economics of Insurance Regulation, 1986, pp 257-282 from Palgrave Macmillan
Abstract:
Abstract This chapter presents and tests a positive theory of life insurance regulation. The predictions of our theory are tested using experimental episodes in Canadian financial markets and regulatory adjustments ending in 1977 with the removal of the formal regulatory constraint.
Keywords: Interest Rate; Discount Rate; Life Insurance; Administrative Cost; Nominal Interest Rate (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18397-5_10
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DOI: 10.1007/978-1-349-18397-5_10
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