Milevsky, Moshe A. - 2018
is the unhealthy retiree with a short life expectancy more likely to appreciate the pooling of longevity risk? What if … longevity risk pooling by linking the economics of annuity equivalent wealth (AEW) to actuarial models of aging. I focus … attention on the Compensation Law of Mortality which implies that individuals with higher relative mortality (e.g. lower income …
