Results 91 to 100 of about 76,988 (229)
Testing for Asymmetric Information Using 'Unused Observables' in Insurance Markets: Evidence from the U.K. Annuity Market [PDF]
This paper tests for asymmetric information in the U.K. annuity market of the 1990s by trying to identify 'unused observables,' attributes of individual insurance buyers that are correlated both with subsequent claims experience and with insurance demand
Amy Finkelstein, James Poterba
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The Gender Gap in Financial Literacy—The Role of Response Behavior
Journal of Consumer Affairs, Volume 60, Issue 2, Summer 2026.ABSTRACT The gender gap in financial literacy favoring men is a well‐documented phenomenon. Research reveals that women more frequently opt for the “do not know” (DK) response option than men. As the gender gap in financial literacy is evident at a young age and should be counteracted early, we focus on a sample of German adolescents (N = 1958) and ...
Lucy Haag, Luis Oberrauch, Taiga Brahm
wiley +1 more source
Valuation of Inflation-Linked Annuities in a Lévy Market
Journal of Applied Mathematics, 2011 We study the problem of pricing an inflation adjusted annuity in a forward rates market with jumps. Since the market will be incomplete, we use the minimal fq-martingale measure Qq which we use for computing discounted expectations.
Sure Mataramvura
doaj +1 more source
Behavioral Biases in Annuity Choice: An Experiment [PDF]
We conduct a neutral-context laboratory experiment to systematically investigate the role of the hit-by-bus concern in explaining the annuitization puzzle: the low rate of retirement-asset annuitization relative to the predictions of standard models.
Lina Walker, Robert S. Gazzale
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Applied Economic Perspectives and Policy, Volume 48, Issue 2, Page 346-358, May 2026.ABSTRACTPerennial bioenergy crops, such as miscanthus and switchgrass, and crop residues have the potential to scale up sustainable aviation fuel (SAF) production and mitigate carbon emissions. However, high establishment costs, delayed returns, and risk–return profiles that diverge from those of conventional crops can hinder incentives to adopt ...
Fahd Majeed, Madhu Khanna, Ruiqing Miao
wiley +1 more source
Managing Systematic Mortality Risk in Life Annuities: An Application of Longevity Derivatives
Risks, 2019 This paper assesses the hedge effectiveness of an index-based longevity swap and a longevity cap for a life annuity portfolio. Although longevity swaps are a natural instrument for hedging longevity risk, derivatives with non-linear pay-offs, such as ...
Man Chung Fung +2 more
doaj +1 more source
Business Strategy and the Environment, Volume 35, Issue 4, Page 4641-4658, May 2026.ABSTRACT This study integrates multidimensional sustainability indicators into a unified assessment approach to evaluate circular strategies in agri‐food industry businesses. This methodological approach is applied to empirically examine the case of the olive oil industry's by‐product valorization.
David Polonio +3 more
wiley +1 more source
The Valuation and Redistribution Effect of the Korea National Pension [PDF]
This paper evaluates the Korea National Pension (KNP) and investigates its redistribution effects. The educational level is used as a proxy for mortality and various socioeconomic factors are considered.
Yang, Jaehwan, Yuh, Yoonkyung
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Journal of Public Affairs, Volume 26, Issue 2, May 2026.ABSTRACT This paper examines the differential effects of quantitative easing on the young, middle‐aged and pensioners by comparing the periods before and after quantitative easing interventions in the UK. Quantitative easing may have boosted employment opportunities, as suggested by a few studies, but this paper finds that quantitative easing did not ...
Aminat A. Raheem
wiley +1 more source
The Role of Real Annuities and Indexed Bonds in an Individual Accounts Retirement Program [PDF]
We explore four issues concerning annuitization options that retirees might use in the decumulation phase of an individual accounts' retirement saving system. First, we investigate the operation of both real and nominal annuity individual annuity markets
James M. Poterba +2 more
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