Arbeitspapier
Morbidity, mortality, health expenditures and annuitization
In this paper we explore the implication of a morbidity risk for the relationship between longevity and annuitization. We divide old-age life into two periods with uncertain survival from the end of the first to the end of the second. We show that a rise in the survival rate causes different patterns of change in annuitization, depending on the initial survival rate. When the initial survival rate is low (high), there is full (partial) annuitization. There is thus an inverse relationship between longevity and annuitization.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 2086
- Classification
-
Wirtschaft
- Subject
-
Gesetzliche Rentenversicherung
Lebensversicherung
Morbidität
Sterblichkeit
Gesundheitskosten
Alte Menschen
Sparen
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Tang, Kam Ki
Zhang, Jie
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2007
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Tang, Kam Ki
- Zhang, Jie
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2007
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