ANNUITIZATION BEHAVIOR: TAX INCENTIVES VS. PRODUCT DESIGN
نویسندگان
چکیده
منابع مشابه
Annuitization Behavior: Tax Incentives vs. Product Design
We analyze and compare the impact of tax incentives and of introducing enhanced annuities on annuitization behavior considering heterogeneity among the insured. We find that tax incentives for annuitization result in a significant increase of the portion of people who should annuitize and also an increase of the insurer’s profit since less healthy individuals also annuitize, i.e. adverse select...
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ژورنال
عنوان ژورنال: ASTIN Bulletin
سال: 2014
ISSN: 0515-0361,1783-1350
DOI: 10.1017/asb.2014.17