The Distribution of a Perpetuity, with Applications to Risk Theory and Pension Funding

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DOI10.1080/03461238.1990.10413872zbMath0743.62101MaRDI QIDQ3978168

Daniel Dufresne

Publication date: 25 June 1992

Published in: Scandinavian Actuarial Journal (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/03461238.1990.10413872

zbMATH Keywords

stochastic difference equation; risk theory; future cash flows; pension funding; random rates of return; discounted sums of random variables

Mathematics Subject Classification ID

62P05: Applications of statistics to actuarial sciences and financial mathematics

60G50: Sums of independent random variables; random walks

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