Adverse Selection in the Annuity Market when Payoffs Vary over the Time of Retirement
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- Johann K. Brunner & Susanne Pech, 2000. "Adverse selection in the annuity market when payoffs vary over the time of retirement," Economics working papers 2000-30, Department of Economics, Johannes Kepler University Linz, Austria.
References listed on IDEAS
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Citations
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Cited by:
- Johann Brunner & Susanne Pech, 2008.
"Optimum taxation of life annuities,"
Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 30(2), pages 285-303, February.
- Johann K. Brunner & Susanne Pech, 2005. "Optimum Taxation of Life Annuities," Economics working papers 2005-06, Department of Economics, Johannes Kepler University Linz, Austria.
- Johann K. Brunner & Susanne Pech, 2006. "Optimum Taxation of Life Annuities," CESifo Working Paper Series 1642, CESifo.
- Susanne Pech, 2004. "Portfolio decisions on life annuities and financial assets with longevity and income uncertainty," Economics working papers 2004-14, Department of Economics, Johannes Kepler University Linz, Austria.
- Friedrich Schneider & Alexander F. Wagner & Mathias Dufour, 2003.
"Satisfaction not guaranteed-Institutions and satisfaction with democracy in Western Europe,"
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2003-03, Department of Economics, Johannes Kepler University Linz, Austria.
- Alexander F. Wagner & Mathias Dufour & Friedrich Schneider, 2003. "Satisfaction not Guaranteed - Institutions and Satisfaction with Democracy in Western Europe," CESifo Working Paper Series 910, CESifo.
- Johann K. Brunner & Susanne Pech, 2006.
"Adverse selection in the annuity market with sequential and simultaneous insurance demand,"
The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 31(2), pages 111-146, December.
- Johann Brunner & Susanne Pech, 2006. "Adverse selection in the annuity market with sequential and simultaneous insurance demand," The Geneva Papers on Risk and Insurance Theory, Springer;International Association for the Study of Insurance Economics (The Geneva Association), vol. 31(2), pages 111-146, December.
- Johann K. Brunner & Susanne Pech, 2002. "Adverse Selection in the Annuity Market with Sequential and Simultaneous Insurance Demand," CESifo Working Paper Series 783, CESifo.
- Johann K. Brunner & Susanne Pech, 2002. "Adverse selection in the annuity market with sequential and simultaneous insurance demand," Economics working papers 2002-04, Department of Economics, Johannes Kepler University Linz, Austria.
- Susanne Pech, 2004. "Adverse Selection with individual- and joint-life annuities," Economics working papers 2004-12, Department of Economics, Johannes Kepler University Linz, Austria.
- Direr, A., 2010. "The taxation of life annuities under adverse selection," Journal of Public Economics, Elsevier, vol. 94(1-2), pages 50-58, February.
- Finkelstein, Amy & Poterba, James & Rothschild, Casey, 2009.
"Redistribution by insurance market regulation: Analyzing a ban on gender-based retirement annuities,"
Journal of Financial Economics, Elsevier, vol. 91(1), pages 38-58, January.
- Amy Finkelstein & James Poterba & Casey Rothschild, 2006. "Redistribution by Insurance Market Regulation: Analyzing a Ban on Gender-Based Retirement Annuities," NBER Working Papers 12205, National Bureau of Economic Research, Inc.
- Friedrich Schneider & Alexander F. Wagner, 2003. "Tradeable permits - Ten key design issues," Economics working papers 2003-04, Department of Economics, Johannes Kepler University Linz, Austria.
- Friedrich Schneider & Kausik Chaudhuri & Sumana Chatterjee, 2003. "The Size and Development of the Indian Shadow Economy and a Comparison with other 18 Asian Countries: An Empirical Investigation," Economics working papers 2003-02, Department of Economics, Johannes Kepler University Linz, Austria.
- Johann K. Brunner & Susanne Pech, 2005. "Adverse Selection in the Annuity Market When Profits Vary over the Time of Retirement," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 161(1), pages 155-183, March.
- Johann K. Brunner & Susanne Pech, 2001. "Die Dritte Säule der Altersvorsorge," Economics working papers 2001-09, Department of Economics, Johannes Kepler University Linz, Austria.
- Susanne Pech, 2002. "Tax incentives for private life annuities and the social security reform: Effects on consumption and on adverse selection," Economics working papers 2002-09, Department of Economics, Johannes Kepler University Linz, Austria.
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More about this item
Keywords
Annuity markets; adverse selection; uncertain lifetimes; pooling equilibrium; separating equilibrium;All these keywords.
JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
- G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
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