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. Drawing on longitudinal data from Germany, we find robust evidence that individuals having an internal LOC are more likely to …
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. Drawing on longitudinal data from Germany, we find robust evidence that individuals having an internal LOC are more likely to …
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. Drawing on longitudinal data from Germany, we find robust evidence that individuals having an internal LOC are more likely to …
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We consider lifetime health insurance contracts in which ageing provisions are used to smooth the premium profile. The stock of capital accumulated for each individual can be split into two parts: a premium insurance and an annuitised life insurance, where the latter would be transferable...
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