Add to ORKGWe investigate whether a rare event (like the default of the annuity provider) can explain the annuity market participation puzzle. High risk aversion is needed to change behavior in the presence of such a disastrous shock but higher risk aversion also makes annuities more valuable. Therefore, these rare events are unlikely candidates to explain the low take-up of voluntary annuities
Probably not. First, allowing the probabilities attached to the states of the economy to differ from...
This paper solves an empirically parameterized model of households’ optimal demand for nominal and i...
Longevity is increasing in the whole world, and savings for retirement are growing quickly. There is...
We investigate whether a rare event (like the default of the annuity provider) can explain the annui...
We investigate whether a rare event (like the default of the annuity provider) can explain the annui...
We investigate whether a rare event (like the default of the annuity provider) can explain the annui...
Using U.K. microeconomic data, we analyze the empirical determinants of voluntary annuity market dem...
Using microeconomic data for the United Kingdom, we analyze the empirical determinants of voluntary ...
Using U.K. microeconomic data, we analyze the empirical determinants of voluntary annuity market dem...
This paper suggests a new explanation for the low level of annuitization, which is valid even if one...
Using UK microeconomic data, we analyze the empirical determinants of voluntary annuity market deman...
Using U.K. microeconomic data, we analyze the empirical determinants of voluntary an-nuity market de...
Why don't people buy annuities? Several explanations have been provided by the previous literature: ...
Retirement planning has attracted considerable attentions from retirees, finance industry and the go...
We conduct a neutral-context laboratory experiment to systematically investigate the role of the hit...
Probably not. First, allowing the probabilities attached to the states of the economy to differ from...
This paper solves an empirically parameterized model of households’ optimal demand for nominal and i...
Longevity is increasing in the whole world, and savings for retirement are growing quickly. There is...
We investigate whether a rare event (like the default of the annuity provider) can explain the annui...
We investigate whether a rare event (like the default of the annuity provider) can explain the annui...
We investigate whether a rare event (like the default of the annuity provider) can explain the annui...
Using U.K. microeconomic data, we analyze the empirical determinants of voluntary annuity market dem...
Using microeconomic data for the United Kingdom, we analyze the empirical determinants of voluntary ...
Using U.K. microeconomic data, we analyze the empirical determinants of voluntary annuity market dem...
This paper suggests a new explanation for the low level of annuitization, which is valid even if one...
Using UK microeconomic data, we analyze the empirical determinants of voluntary annuity market deman...
Using U.K. microeconomic data, we analyze the empirical determinants of voluntary an-nuity market de...
Why don't people buy annuities? Several explanations have been provided by the previous literature: ...
Retirement planning has attracted considerable attentions from retirees, finance industry and the go...
We conduct a neutral-context laboratory experiment to systematically investigate the role of the hit...
Probably not. First, allowing the probabilities attached to the states of the economy to differ from...
This paper solves an empirically parameterized model of households’ optimal demand for nominal and i...
Longevity is increasing in the whole world, and savings for retirement are growing quickly. There is...