Effects of Uncertain Lifetime and Annuity Insurance on Capital Accumulation and Growth PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Effects of Uncertain Lifetime and Annuity Insurance on Capital Accumulation and Growth PDF full book. Access full book title Effects of Uncertain Lifetime and Annuity Insurance on Capital Accumulation and Growth by M. Luisa Fuster Pérez. Download full books in PDF and EPUB format.
Author: M. Luisa Fuster Pérez
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Author: M. Luisa Fuster Pérez
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Luisa Fuster
Publisher:
ISBN:
Category :
Languages : en
Pages : 12
Get Book Here
Book Description
Author: Luisa Fuster
Publisher:
ISBN:
Category : Annuities
Languages : en
Pages : 23
Get Book Here
Book Description
Author: Andrew B. Abel
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
This paper examines the implications of adverse selection in the private annuity market for the pricing of private annuities and the consequent effects on constrption and bequest behavior. With privately known heterogeneous mortality probabilities, adverse selection causes the rate of return on private annuities to be less than the actuarially fair rate based on population average mortality. However, a fully funded social security system with compulsory participation can offer an implied rate of return equal to the actuarially fair rate based on population average mortality. Thus, since social security offers a higher rate of return than private annuities, consumers cannot completely offset the effects of social security by transacting in the private annuity market. Using an overlapping generations model with uncertain lifetimes, we demonstrate that the introduction of actuarially fair social security reduces the steady state rate of return on annuities and raises the steady state levels of average bequests and average consumption of the young. The steady state national capital stock rises or falls according to the strength of the bequest motive
Author: Albert Tavidze
Publisher: Nova Publishers
ISBN: 9781590338001
Category : Business & Economics
Languages : en
Pages : 224
Get Book Here
Book Description
This series spans the globe presenting leading research in economics. Perhaps it is a sign of the times that economic weapons such as sanctions seem to be as powerful as or more so than tanks. International applications and examples of economic progress are invaluable in a troubled world with economic booms bursting like so many penny balloons. Intra-industry Trade; Extending Brand Equity: The Role of Goal Congruence; Foreign Direct Investment and Dissemination of Job Opening Information in China; Testing Asymmetry in a Cointegrated-VAR-Based Labor Demand Model: Italian Evidence; Negative Externality, Tacit Bargaining and Cigarette Demand: The Case of Environmental Tobacco Smoke in Japan; Does Audit Quality Influence Post-IPO Survival?; Dynamic Arbitrage-free Asset Pricing with Proportional Transaction Costs; Knowledge Structure, Technical Progress, and Underdevelopment Trap; Paternalistic Altruism, Life-Cycle Hypothesis, and the Ricardian Equivalence; Three Approaches to Multi-dimensional Screening; Index.
Author: Compiled by the British Library of Political and Economic Science
Publisher: Psychology Press
ISBN: 9780415240093
Category :
Languages : en
Pages : 660
Get Book Here
Book Description
IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences
Author: Gavin J. Andrews
Publisher:
ISBN:
Category : Medical
Languages : en
Pages : 480
Get Book Here
Book Description
Over the past thirty years, the sociological study of ageing has progressed from being a narrowly focused, modestly sized, problem-orientated sub-field of disciplinary inquiry to its current status as a distinct, extremely wide-ranging endeavor that deals with many aspects of older peoples' economic, social, and cultural lives. This volume brings together a broad range of theoretical essays and specific case studies by eminent scholars in the field. Sociology of Ageing: A Reader will be a useful resource for not only sociology students and professional sociologists, but also for those based in social anthropology, psychology, geography, population studies, politics, and cultural studies.
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 492
Get Book Here
Book Description
Author: Collectif
Publisher: OECD
ISBN: 9264267794
Category : Business & Economics
Languages : en
Pages : 108
Get Book Here
Book Description
This publication helps policy makers to better understand annuity products and the guarantees they provide in order to optimise the role that these products can play in financing retirement. Product design is a crucial factor in the potential role of annuity products within the pension system, along with the cost and demand for these products, and the resulting risks that are borne by the annuity providers. Increasingly complex products, however, pose additional challenges concerning consumer protection. Consumers need to be aware of their options and have access to unbiased and comprehensible advice and information about these products.
Author: Zvi Bodie
Publisher: University of Chicago Press
ISBN: 9780226062846
Category : Business & Economics
Languages : en
Pages : 384
Get Book Here
Book Description
In the past several decades, pension plans have become one of the most significant institutional influences on labor and financial markets in the U.S. In an effort to understand the economic effects of this growth, the National Bureau of Economic Research embarked on a major research project in 1980. Issues in Pension Economics, the third in a series of four projected volumes to result from thsi study, covers a broad range of pension issues and utilizes new and richer data sources than have been previously available. The papers in this volume cover such issues as the interaction of pension-funding decisions and corporate finances; the role of pensions in providing adequate and secure retirement income, including the integration of pension plans with social security and significant drops in the U.S. saving rate; and the incentive effects of pension plans on labor market behavior and the implications of plans on labor market behavior and the implications of plans for different demographic groups. Issues in Pension Economics offers important empirical studies and makes valuable theoretical contributions to current thinking in an area that will most likely continue to be a source of controversy and debate for some time to come. The volume should prove useful to academics and policymakers, as well as to members of the business and labor communities.
