Topic dossiers02 records
02

Curated research dossier

Macro-Financial Risk & Actuarial Systems

Work on macroeconomic tail risk, actuarial design, insurance systems, annuities, and financial stress.

01Dossier contents

Essays and projects, read as one inquiry.

1 essays and 1 projects are linked by subject, method, and evidence.

  1. 01ProjectBayesian Nonparametric Estimation of Time-Varying Macroeconomic Tail RiskRecord

    A Bayesian nonparametric framework for tracking how macroeconomic downside risk evolves over time, using a time-dependent Dirichlet process mixture on long-run cross-country consumption growth data.

  2. 02EssayFIA and MYGA: General Account Economics, Crediting Design, and Actuarial Risk ManagementJan 2026

    A technical deep-dive into fixed indexed annuities (FIAs) and multi-year guaranteed annuities (MYGAs): crediting mechanics, option budgets, hedging/ALM interactions, behavioral risk, and the reserve/capital constraints that determine what designs are actually feasible.