Valuing Medieval Annuities: Were Corrodies Underpriced?
Valuing Medieval Annuities: Were Corrodies Underpriced?
复制标题
评估中世纪年金：Corrodies 的价格是否被低估？
DOI：
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发表时间：
2008
期刊：
影响因子：
--
通讯作者：
C. Sutcliffe
中科院分区：
文献类型：
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作者：
Adrian R. Bell;C. Sutcliffe
中世纪的主教们谴责并限制了corrodies（一种年金）的销售，部分原因是他们认为这些产品无利可图。关于corrodies的盈利能力的可用数据是有限的，很少分析，和主教的corrodies谴责已被现代研究人员采用。在认识到这一问题的困难后，本文将年金定价模型应用于腐蚀品的定价研究。鉴于与既定观点相反的各种假设，有人认为，腐蚀剂的销售对机构来说是有利可图的。最后，一些原因被认为是消极的态度，当代和历史的意见对销售的腐蚀。
Medieval bishops condemned and restricted the sale of corrodies (a type of annuity), partly on the grounds of their perceived unprofitability. The available data on the profitability of corrodies is limited and little analysed, and the episcopal condemnation of corrodies has been adopted by modern researchers. After recognising the difficulties, this paper applies an annuity pricing model to study corrody pricing. Given various assumptions, contrary to the established view, it is argued that the sale of corrodies was financially profitable for institutions. Finally, some reasons are considered for the negative attitude of contemporary and historical opinion towards the sale of corrodies.
对中世纪记述的兴趣：来自英格兰的例子，1272-1340
影响因子：
0.5
作者：
BELL A
通讯作者：
BELL A