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Problems with life annuities.

open access: yesCanadian family physician Medecin de famille canadien, 2013
openaire   +1 more source

Illiquid life annuities [PDF]

open access: possibleJournal of Public Economic Theory, 2017
AbstractIn this paper, we consider illiquid life annuity contracts and show that they may be preferred to those illustrated by Yaari. In an overlapping generations economy, liquid life annuities are demanded only if the equilibrium is dynamically inefficient.
d'Albis, Hippolyte, Etner, Johanna
openaire   +3 more sources
Some of the next articles are maybe not open access.

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Accelerating the premiums for annuities, life annuities and life insurance

Communications in Statistics - Theory and Methods, 2019
Since it is well-known that it is inevitable to avoid the risks and changes in personal earnings, the types of annuities, life annuities, life insurance and their payment types are important for in...
Alpman B., Ünal D.
openaire   +2 more sources

The Geometry of Life Annuities

The Manchester School, 1999
Straightforward geometry can be used to explain the role for life annuities in smoothing individual consumption during retirement. In the aggregate, there is a surprising analogy with a standard diagram from trade theory. That diagram takes careful account of the government revenues forgone when there is a move from tariffs to free trade.
Geoffrey Kingston, John Piggott
openaire   +1 more source

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