{"id":"https://openalex.org/W854199049","doi":null,"title":"MODELLING THE GUARANTEE LIABILITY UNDER UNIT-LINKED CONTRACTS","display_name":"MODELLING THE GUARANTEE LIABILITY UNDER UNIT-LINKED CONTRACTS","publication_year":2015,"publication_date":"2015-04-01","ids":{"openalex":"https://openalex.org/W854199049","mag":"854199049"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:cmj:seapas:y:2015:i:7:p:165-170","doi":null,"is_oa":false,"landing_page_url":"http://seaopenresearch.eu/Journals/articles/SPAS_7_25.pdf","pdf_url":"http://seaopenresearch.eu/Journals/articles/SPAS_7_25.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["doaj"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doaj.org/article/33dfa5ac05314208b2d8a876104c1d24","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5029689131","display_name":"Cristina Ciuma\u015f","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I3125347698","display_name":"Babe\u0219-Bolyai University","ror":"https://ror.org/02rmd1t30","country_code":"RO","type":"education","lineage":["https://openalex.org/I3125347698"]}],"countries":["RO"],"is_corresponding":false,"raw_author_name":"Cristina CIUMA\u0218","raw_affiliation_strings":["\n        Faculty of Economics and Business Administration, Babe\u015f-Bolyai University, Cluj-Napoca\n"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"\n        Faculty of Economics and Business Administration, Babe\u015f-Bolyai University, Cluj-Napoca\n","institution_ids":["https://openalex.org/I3125347698"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5008584006","display_name":"Diana-Maria Chi\u0219","orcid":"https://orcid.org/0000-0002-2804-7113","observed_orcids":["https://orcid.org/0000-0002-2804-7113"]},"institutions":[{"id":"https://openalex.org/I3125347698","display_name":"Babe\u0219-Bolyai University","ror":"https://ror.org/02rmd1t30","country_code":"RO","type":"education","lineage":["https://openalex.org/I3125347698"]}],"countries":["RO"],"is_corresponding":false,"raw_author_name":"Diana-Maria CHI\u0218","raw_affiliation_strings":["\n        Faculty of Economics and Business Administration, Babe\u015f-Bolyai University, Cluj-Napoca\n"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"\n        Faculty of Economics and Business Administration, Babe\u015f-Bolyai University, Cluj-Napoca\n","institution_ids":["https://openalex.org/I3125347698"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I3125347698"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.02873003,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12394","display_name":"Insurance and Financial Risk Management","score":0.9175000190734863,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12394","display_name":"Insurance and Financial Risk Management","score":0.9175000190734863,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11720","display_name":"Probability and Risk Models","score":0.0421999990940094,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12011","display_name":"Insurance, Mortality, Demography, Risk Management","score":0.026200000196695328,"subfield":{"id":"https://openalex.org/subfields/3317","display_name":"Demography"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/unit-linked-life-insurance","display_name":"unit-linked life insurance","score":0.9229999780654907},{"id":"https://openalex.org/keywords/guarantee-liability","display_name":"guarantee liability","score":0.5239999890327454},{"id":"https://openalex.org/keywords/guaranteed-minimum-death-benefit","display_name":"guaranteed minimum death benefit","score":0.7990000247955322},{"id":"https://openalex.org/keywords/investment-guarantees","display_name":"investment guarantees","score":0.7369999885559082},{"id":"https://openalex.org/keywords/investment-risk","display_name":"investment risk","score":0.4860000014305115}],"concepts":[{"id":"https://openalex.org/C2777834853","wikidata":"https://www.wikidata.org/wiki/Q96776939","display_name":"Liability","level":2,"score":0.7508106827735901},{"id":"https://openalex.org/C122637931","wikidata":"https://www.wikidata.org/wiki/Q118084","display_name":"Unit (ring theory)","level":2,"score":0.610227108001709},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4590446352958679},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.36333006620407104},{"id":"https://openalex.org/C190253527","wikidata":"https://www.wikidata.org/wiki/Q295354","display_name":"Law and economics","level":1,"score":0.32071182131767273},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2225126326084137},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1945895254611969},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.1611117422580719},{"id":"https://openalex.org/C145420912","wikidata":"https://www.wikidata.org/wiki/Q853077","display_name":"Mathematics education","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:RePEc:cmj:seapas:y:2015:i:7:p:165-170","doi":null,"is_oa":false,"landing_page_url":"http://seaopenresearch.eu/Journals/articles/SPAS_7_25.pdf","pdf_url":"http://seaopenresearch.eu/Journals/articles/SPAS_7_25.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:doaj.org/article:33dfa5ac05314208b2d8a876104c1d24","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/33dfa5ac05314208b2d8a876104c1d24","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SEA: Practical Application of Science, Vol III, Iss 7 (1/2015), Pp 165-170 (2015)","raw_type":"article"}],"best_oa_location":{"id":"pmh:oai:doaj.org/article:33dfa5ac05314208b2d8a876104c1d24","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/33dfa5ac05314208b2d8a876104c1d24","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SEA: Practical Application of Science, Vol III, Iss 7 (1/2015), Pp 165-170 (2015)","raw_type":"article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2994143459","https://openalex.org/W3092922183","https://openalex.org/W3022921871","https://openalex.org/W7097039282","https://openalex.org/W1977100179","https://openalex.org/W2245271635","https://openalex.org/W1563026621","https://openalex.org/W7135665597","https://openalex.org/W3150983809","https://openalex.org/W2920602111"],"abstract_inverted_index":{"Unit-linked":[0],"contracts":[1,53,82,103,127],"are":[2],"wrapped":[3],"with":[4,104,128],"some":[5],"death,":[6],"maturity":[7,16,133],"and":[8,63,94,132],"accumulation":[9,26],"guarantees":[10],"such":[11],"as":[12],"the":[13,18,23,28,34,45,57,61,69,72,76],"guaranteed":[14,19,24,29,35],"minimum":[15,20,25,30,36],"benefit,":[17,22,27,32],"death":[21,130],"income":[31],"and/or":[33],"surrender":[37],"benefit.":[38,134],"According":[39],"to":[40,60,79,114],"Romanian":[41,73,77],"legislation":[42,74],"which":[43],"regulates":[44],"unit-linked":[46,50,81,101,124],"life":[47,51,125],"insurance":[48,52,102,126],"market,":[49],"pass":[54],"most":[55],"of":[56,91,110],"investment":[58,66,84,106],"risk":[59,67],"policyholder":[62],"involve":[64],"no":[65],"for":[68,97,100,120,123],"insurer.":[70],"Although":[71],"authorizes":[75],"insurers":[78],"offer":[80,115],"without":[83],"guarantees,":[85],"this":[86,111],"research":[87],"provides":[88],"a":[89,92],"proposal":[90],"theoretical":[93,118],"empirical":[95],"basis":[96],"modelling":[98],"liabilities":[99,122],"incorporated":[105,129],"guarantees.":[107],"The":[108],"aim":[109],"study":[112],"is":[113],"an":[116],"optimal":[117],"approach":[119],"simulating":[121],"benefit":[131]},"counts_by_year":[],"updated_date":"2026-08-11T07:18:39.950985","created_date":"2016-06-24T00:00:00"}