Relevant bibliographies by topics / Annuitisation

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books

Academic literature on the topic 'Annuitisation'

Author: Grafiati
Published: 4 June 2021
Last updated: 6 February 2022

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the lists of relevant articles, books, theses, conference reports, and other scholarly sources on the topic 'Annuitisation.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Journal articles on the topic "Annuitisation"

1

HORNEFF, VANYA, BARBARA KASCHÜTZKE, RAIMOND MAURER, and RALPH ROGALLA. "Welfare implications of product choice regulation during the payout phase of funded pensions." Journal of Pension Economics and Finance 13, no. 3 (December 13, 2013): 272–96. http://dx.doi.org/10.1017/s1474747213000346.

Full text
Abstract:
AbstractIn many countries, governmental support for funded old-age programmes comes at the cost of at least partial mandatory annuitisation of accumulated assets in retirement. We survey regulatory frameworks for the payout phase of funded pension systems in seven European countries and the US and study the influence of mandatory annuitisation on the welfare of both rational and behaviourally influenced individuals using a dynamic life-cycle model. We show that mandatory immediate full annuitisation of retirement assets will reduce rational individuals’ certainty equivalent pension wealth by u
APA, Harvard, Vancouver, ISO, and other styles
2

Ono, Tetsuo, and Yasuo Maeda. "Sustainable development in an aging economy." Environment and Development Economics 7, no. 1 (January 30, 2002): 9–22. http://dx.doi.org/10.1017/s1355770x02000025.

Full text
Abstract:
In this paper, we analyze the effects of population aging on economic growth and the environment in a two-period overlapping generations model of growth, aging, and the environment. We show that aging may be beneficial to economic growth and the environment under perfect annuitisation, while possibly harmful under imperfect annuitisation. We also discuss the implications of our results for environmental policy in an aging economy.
APA, Harvard, Vancouver, ISO, and other styles
3

O'Meara, Taleitha, and Aaron Bruhn. "Compulsory Annuitisation: A Policy Option for Australia?" Australasian Accounting, Business and Finance Journal 7, no. 3 (2013): 5–30. http://dx.doi.org/10.14453/aabfj.v7i3.2.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Deelstra, Griselda, Pierre Devolder, and Roberta Melis. "Optimal annuitisation in a deterministic financial environment." Decisions in Economics and Finance 44, no. 1 (February 25, 2021): 161–75. http://dx.doi.org/10.1007/s10203-020-00316-5.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

BROWN, JEFFREY, STEVEN HABERMAN, MOSHE MILEVSKY, and MIKE ORSZAG. "Overview of the Issue." Journal of Pension Economics and Finance 4, no. 3 (October 6, 2005): 1–2. http://dx.doi.org/10.1017/s1474747205002167.

Full text
Abstract:
This issue features two original research articles, three issues & policy articles and a book review section. The lead article is by Geoffrey Kingston and Susan Thorp (University of New South Wales, Australia) and addresses the issue of Annuitization and asset allocation with HARA utility. One of the puzzles in retirement economics is why individuals do not choose to purchase annuities and Kingston and Thorp explore in detail a real options model in which individual preferences obey the broad class of hyperbolic absolute risk aversion utility. The theory of Real Options argues that people
APA, Harvard, Vancouver, ISO, and other styles
6

Cannon, Edmund, Ian Tonks, and Rob Yuille. "The effect of the reforms to compulsion on annuity demand." National Institute Economic Review 237 (August 2016): R47—R54. http://dx.doi.org/10.1177/002795011623700116.

Full text
Abstract:
This paper investigates the effect of recent regulatory changes to the compulsory annuitisation of tax-privileged pension savings, on the demand for annuities and other retirement products. We find that the demand for annuities has fallen by almost 75 per cent from its peak in 2012, and the demand for income drawdown products has increased. There is some evidence that people at younger ages and with smaller pension pots are choosing not to annuitise, and hence the average size of an annuity purchase has increased.
APA, Harvard, Vancouver, ISO, and other styles
7

Chen, Anran, Steven Haberman, and Stephen Thomas. "The implication of the hyperbolic discount model for the annuitisation decisions." Journal of Pension Economics and Finance 19, no. 3 (February 7, 2019): 372–91. http://dx.doi.org/10.1017/s1474747218000343.

Full text
Abstract:
AbstractThe low demand for immediate annuities at retirement has been a long-standing puzzle. We show that a hyperbolic discount model can explain this behaviour and results in the attractiveness of long-term deferred annuities. With a set of benchmark assumptions, we find that retirees would be willing to pay a much higher price than the actuarial fair price for annuities with longer deferred periods. Moreover, if governments were to introduce a pre-commitment device which requires pensioners to make annuitisation decisions around 10 years before retirement, the take up rate of annuities coul
APA, Harvard, Vancouver, ISO, and other styles
8

Avanzi, Benjamin, and Sachi Purcal. "Annuitisation and cross-subsidies in a two-tiered retirement saving system." Annals of Actuarial Science 8, no. 2 (August 26, 2014): 234–52. http://dx.doi.org/10.1017/s1748499514000086.

Full text
Abstract:
AbstractWe develop a generalisation of the World Bank (1994) model of forced saving for retirement. This broader model consists of two tiers of second pillar savings – mandated and non-mandated (voluntary). Furthermore, the government can set two types of guarantees on the first (mandated) tier – investment returns and annuity prices – leading to possible cross-subsidisation between the tiers. This has the potential to induce social redistribution, foster a liquid private market for life annuities, and obviate some of the investment risk and annuity price risk that retirees face.We formulate a
APA, Harvard, Vancouver, ISO, and other styles
9

Parker, Simon C., and Fazley K. Siddiq. "Seeking a comprehensive measure of economic well-being: Annuitisation versus capitalisation." Economics Letters 54, no. 3 (July 1997): 241–44. http://dx.doi.org/10.1016/s0165-1765(97)00005-0.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

Wiafe, Osei K., Anup K. Basu, and En Te Chen. "Portfolio choice after retirement: Should self-annuitisation strategies hold more equities?" Economic Analysis and Policy 65 (March 2020): 241–55. http://dx.doi.org/10.1016/j.eap.2020.02.012.

Full text
APA, Harvard, Vancouver, ISO, and other styles
More sources

Dissertations / Theses on the topic "Annuitisation"

1

Gavranovic, Nedim. "Optimal asset allocation and annuitisation in a defined contribution pension scheme." Thesis, City University London, 2011. http://openaccess.city.ac.uk/1076/.

Full text
Abstract:
In this thesis, we investigate a pensioner’s gains from access to annuities. We observe a pensioner aged 65, having constant income from social security, having certain amount of pension wealth at age 65. The pensioner optimally decides each year how much of his available assets to consume, to invest into tradable assets, and how much to convert to annuities. Annuities are irreversible investments, once bought they provide income in the later years, but it is not possible to trade annuities any more. The pensioner makes optimal decisions such that the expected discounted utility from future co
APA, Harvard, Vancouver, ISO, and other styles
2

Chen, Anran. "The impact of behavioral factors on annuitisation decisions and decumulation strategies." Thesis, City, University of London, 2017. http://openaccess.city.ac.uk/18195/.

Full text
Abstract:
The ongoing shift from Defined Benefit (DB) pension plans to Defined Contribution (DC) pension plans in private sectors has transferred investment risk and longevity risk from pension providers to individuals. Professional advice on how to best generate retirement incomes from accumulated pension savings is therefore in great demand. A common solution is buying an immediate annuity; however the immediate annuity market has long been experiencing low demand. Another solution is following a safe drawdown rate during retirement; however this exposes retirees to the risk of outliving their pension
APA, Harvard, Vancouver, ISO, and other styles
3

Thorp, Susan Jane Economics Australian School of Business UNSW. "Risk management in superannuation." Awarded by:University of New South Wales. Economics, 2005. http://handle.unsw.edu.au/1959.4/20858.

Full text
Abstract:
The aim of this thesis is to investigate how members of Australian superannuation funds can manage risks arising from uncertain security returns and unpredictable mortality so as to ensure a steady income stream during retirement. In chapter 2 we note that the proportion of superannuation assets invested in foreign assets has increased over the past two decades, exposing investors to currency risk. Surveys of superannuation funds verify that most international bond holdings, but not equity holdings, have been hedged for currency risk. We test the mean-variance efficiency of this practice again
APA, Harvard, Vancouver, ISO, and other styles

Books on the topic "Annuitisation"

1

Schiess, David. Consumption and Portfolio Optimisation at the End of the Life-Cycle: A Combined Optimal Stopping (Annuitisation) and Optimal Control Problem (COSOCP). Suedwestdeutscher Verlag fuer Hochschulschriften, 2009.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
You might also be interested in the extended bibliographies on the topic 'Annuitisation' for particular source types:
Journal articles
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!

To the bibliography