Intro
Preface
Contents
Absolute and Relative Gender Gap in Pensions: The Impact of the Transition from DB to NDC in Italy
1 Introduction
2 Data and Methodology
2.1 Data
2.2 Methodology
3 Preliminary Results
4 Remarks
References
TPPI: Textual Political Polarity Indices. The Case of Italian GDP
1 Introduction
2 Data
2.1 The Italian Senate Verbatim Reports
2.2 The Italian Yearly GDP Time Series
3 Determining Words Sentiment Polarities
4 Polarity Indices Time Series
4.1 Total Textual Political Polarity Index (TPPI-T)

4.2 Group Specific Textual Political Polarity Indices (TPPI-GS)
4.3 Polarity Divergence Indices (TPPI-D)
5 Evaluating Indices Configurations
6 Conclusion
References
Quantile Regression Forest for Value-at-Risk Forecasting Via Mixed-Frequency Data
1 Introduction
2 Methodology
3 Empirical Application
4 Conclusions
References
Gender Attitudes Toward Longevity and Retirement Planning: Theory and Evidence
1 Introduction
2 Drivers of Retirement Behaviour: the State-of-the-Art
3 Subjective Longevity, Gender and Economic Choices

4 Our Research Framework and Directions
References
Semiclassical Pricing of Variance Swaps in the CEV Model
1 Introduction
2 The Model
2.1 Variance Swap Pricing
3 Realized Variance Replication
3.1 The Semiclassical Approximation for the Log Contract
4 Numerical Results
References
Indexing Pensions to Life Expectancy: Keeping the System Fair Across Generations
1 Introduction
2 Intergenerational Fairness and Neutrality Condition
3 Policy Options
3.1 Adjusting the Contribution Rate

3.2 Adjusting the Retirement Age While Keeping the Replacement Rate Constant
3.3 Adjusting the Retirement Age While Improving Pension Adequacy
3.4 Amending Entry Pensions Through a Sustainability Factor
4 Conclusion
References
Dynamic Withdrawals and Stochastic Mortality in GLWB Variable Annuities
1 Introduction
2 The Contract Structure
3 The Valuation Framework
4 Dynamic Programming
4.1 Bang-Bang Analysis
4.2 Contract Decomposition
5 Conclusion
References
A Regression Based Approach for Valuing Longevity Measures
1 Introduction

2 Life Expectancy and Computational Framework
2.1 Valuation Procedure
3 Numerical Results
4 Conclusion
References
On the Assessment of the Payment Limitation for an Health Plan
1 Introduction
2 Actuarial Framework
3 The Optimal Reimbursement Problem
4 Numerical Investigation
5 Conclusions
References
Reference Dependence in Behavioral Portfolio Selection
1 Introduction
2 Behavioral Portfolio Selection
3 The Reference Point
4 An Application
References
Pricing Rainfall Derivatives by Genetic Programming: A Case Study
1 Introduction