Why do we postpone annuity purchases?

DOI10.1016/J.JMATECO.2021.102500MaRDI QIDQ2051005zbMATH OpenOpenAlexFDO

Authors Hippolyte D'Albis, Andrei Kalk

Publication date 1 September 2021

Published in Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jmateco.2021.102500

zbMATH Keywords

annuity pricingannuity purchasesoverlapping generationspostponement

Mathematics Subject Classification ID

Actuarial mathematics (91G05)

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Cites work

• Ambiguous life expectancy and the demand for annuities
• Annuitization and asset allocation
• Asset demands and consumption with longevity risk
• Increasing life expectancy and optimal retirement in general equilibrium
• Optimal mandates and the welfare cost of asymmetric information: evidence from the U.K. annuity market
• The economic theory of annuities.

Cited in

(2)

• Evaluating the advanced life deferred annuity -- an annuity people might actually buy
• Heterogeneous early health signals and deferred annuities

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