Results 101 to 110 of about 46,253 (234)

The Economics of Bequests in Pensions and Social Security [PDF]

open access: yes
Experience in private pension plans and recent policy discussions about investment-based reforms of Social Security suggest that some form of bequest is likely to be part of any such reform that is enacted.
Elena Ranguelova, Martin Feldstein
core  

The land development plan as a legal act and administrative instrument for planning and managing the development of the municipality. A legal, political and socio-economic study

open access: yesJournal of Modern Science
The paper deals with the subject of the spatial development plan as a key instrument for managing the development of a municipality. The essence of the spatial planning process is presented, as well as the applicable legal rules and procedures for the ...
Dagny Derewiecka   +4 more
doaj   +1 more source

Tax incentives for private life annuities and the social security reform: Effects on consumption and on adverse selection [PDF]

open access: yes, 2002
In this paper we analyse several measures which are typically included in a social security reform: a cut in the social security benefits, an increase in the social security tax and tax incentives for the purchase of private life annuities, which have ...
Pech, Susanne
core  

Guaranteed Annuity Option Under Correlated and Regime-Switching Risks

open access: yesRisks
Guaranteed annuity options (GAOs) allow policyholders to convert accumulated funds into life annuities at maturity at a guaranteed minimum rate. Thus, insurers are exposed to both investment and longevity risks.
Jude Martin B. Grozen, Rogemar S. Mamon
doaj   +1 more source

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  

The Tragedy of Annuitization [PDF]

open access: yes
We construct a tractable discrete-time overlapping generations model of a closed economy and use it to study government redistribution of accidental bequests and private annuities in general equilibrium.
Heijdra, Ben J.   +2 more
core   +3 more sources

The optimal legal retirement age in an OLG model with endogenous labour supply [PDF]

open access: yes
The long run welfare implications of the legal retirement age are studied in a perfect foresight overlapping-generations model where agents live for two periods.
Hansen, Casper Worm, Lønstrup, Lars
core  

Converting Retirement Savings into Income: Annuities and Periodic Withdrawals [PDF]

open access: yes, 2008
To a worker contemplating retirement, there is perhaps no more important question than “How long will my money last?” Congress has a strong interest in the income security of older Americans because much of their income is either provided directly from ...
Mulvey, Janemarie, Purcell, Patrick
core   +3 more sources

MODELING THE BENEFITS OF A MARRIAGE REVERSE ANNUITY CONTRACT WITH DEPENDENCY ASSUMPTIONS USING ARCHIMEDEAN COPULA

open access: yesBarekeng
Social security benefits may not be enough for retirement. Equity release products like marriage reverse annuities can boost retirement income for older couples.
Arnhilda Aspasia Lundy   +2 more
doaj   +1 more source

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