Results 131 to 140 of about 54,807 (241)

Optimal Portfolio Choice with Annuitization [PDF]

open access: yes
We study the optimal consumption and portfolio choice problem over an individual's life-cycle taking into account annuity risk at retirement. Optimally, the investor allocates wealth at retirement to nominal, inflation-linked, and variable annuities and ...
Koijen, R.S.J.   +2 more
core   +1 more source

What Can Economics Say about Alzheimer's Disease? [PDF]

open access: yesJ Econ Lit, 2023
Chandra A, Coile C, Mommaerts C.
europepmc   +1 more source

Optimal Annuitization with Incomplete Annuity Markets and Background Risk During Retirement [PDF]

open access: yes
We examine incomplete annuity menus and background risk as possible drivers of divergence from full annuitization. Contrary to what is often suggested in the literature, we find that full annuitization remains optimal if saving is possible after ...
Nijman, T.E.   +2 more
core   +1 more source

Optimum Taxation of Life Annuities [PDF]

open access: yes
The market for private life annuities is characterised by adverse selection, that is, contracts offer lower than fair payoffs to individuals with low life expectancy. Moreover, life expectancy and income have been found to be positively correlated.
Johann K. Brunner, Susanne Pech
core  

The market for retirement products in Australia [PDF]

open access: yes
Australia introduced a mandatory retirement savings scheme in 1992. This built on pre-existing voluntary occupational plans. The new scheme has been very successful in expanding coverage and mobilizing large financial savings that are equal to close to ...
Brunner, Gregory Gordon, Thorburn, Craig
core  

How Rational Is the Purchase of Life Insurance? [PDF]

open access: yes
This paper examines whether middle age American households purchase adequate amounts of life insurance. The analysis is based on SRI International's 1980, 1982, and 1984 surveys of the financial positions of American households.
Alan J. Auerbach, Laurence J. Kotlikoff
core  

Annuities for an Ageing World [PDF]

open access: yes
Substantial research attention has been devoted to the pension accumulation process, whereby employees and those advising them work to accumulate funds for retirement.
David McCarthy, Olivia S. Mitchell
core  

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