Is full annuitization socially optimal?

DOI10.1007/S00712-021-00756-6zbMATH Open1490.91166OpenAlexW3193553600MaRDI QIDQ2134168FDOQ2134168

Authors: Torben M. Andersen, Marias H. Gestsson 

Publication date: 6 May 2022

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

Full work available at URL: https://doi.org/10.1007/s00712-021-00756-6

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zbMATH Keywords

mortality riskwelfareoverlapping generationsdynamic efficiencyannuity marketsannuitization

Mathematics Subject Classification ID

Actuarial mathematics (91G05)

Cites Work

• Optimum Social Security in a Life-Cycle Growth Model
• The economic theory of annuities.
• Fair retirement under risky lifetime

Cited In (3)

• Are unconditional lump-sum transfers a good idea?
• Government-provided annuities under insolvency risk
• The annuity puzzle remains a puzzle

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