One important parameter in the decision process when buying a private annuity is individuals' subjective life expectancy, because it directly infuences the expected rate of return. We examine the market for private annuities in Germany and evaluate potential selection e ects based on subjective...

One important parameter in the decision process when buying a private annuity is individuals' subjective life expectancy, because it directly infuences the expected rate of return. We examine the market for private annuities in Germany and evaluate potential selection e ects based on subjective...

One important parameter in the decision process when buying a private annuity is individuals' subjective life expectancy, because it directly influences the expected rate of return. We examine the market for private annuities in Germany and evaluate potential selection effects based on...

Die Anhebung des gesetzlichen Renteneintrittsalters auf 67 Jahre (Rente mit 67) ist wichtiger Bestandteil eines Bündels von Reformmaßnahmen, mit dem die gesetzliche Rente trotz zunehmender Lebenserwartung, sinkender Geburtenraten und baldigem Eintreten der Baby-Boomer-Generation ins...

One important parameter in the decision process when buying a private annuity is individuals' subjective life expectancy, because it directly infuences the expected rate of return. We examine the market for private annuities in Germany and evaluate potential selection effects based on subjective...