. -- Risk ; internal rate of return ; sustainability …

. -- risk ; internal rate of return ; sustainability …

In this paper, we use a risk framework to analyze the risks seniors face and discuss the success of Canadaâ …€™s retirement income system in insuring against these risks. We focus on four types of risk: (i) the risk of low income at the onset … of retirement, (ii) longevity risk, (iii) business cycle risk, and (iv) decision-making risk. The research conducted by …

the costs they exert on society. This paper provides estimates of the cost of crime imposed on society by high risk youth … per crime. We also use new estimates on the underlying offending rate for high risk juvenile offenders …

Government-issued longevity bonds would allow longevity risk to be shared efficiently and fairly between generations …. In exchange for paying a longevity risk premium, the current generation of retirees can look to future generations to … hedge their aggregate longevity risk. There are also wider social benefits. Longevity bonds will lead to a more secure …

registration system on individual risk-taking from a microscopic perspective, with the aim of discovering the deep … prudent risk attitude caused by "identity uncertainty" and makes individuals engage in more active risk-taking behavior …. Further, the higher degree of risk preference and more systematic acquisition of financial knowledge brought about by the …

market compensates higher wage risk with higher wages, this study investigates whether the gender gap in wage expectations … can be explained by individuals anticipating this form of risk compensation. Relying on a unique survey on German high …, they expect lower wage risk as measured by the individual-specific dispersion in wage expectations. I decompose the gender …