Search Results - subject:"aggregate mortality risk"

Aggregate mortality risk and the insurance value of annuities

Alho, Juha; Määttänen, Niku - 2006

mortality, or aggregate mortality risk, into an otherwise standard life cycle model with an intertemporal consumption … welfare cost of aggregate mortality risk and the extent to which individuals can insure themselves against it using life …

Persistent link: https://www.econbiz.de/10010285280

The Impact of Aggregate Mortality Risk on Defined Benefit Pension Plans

Dushi, Irena; Friedberg, Leora; Webb, Anthony - Center for Retirement Research (CRR), Boston College - 2006

We calculate the risk faced by defined benefit plan providers arising from uncertain aggregate mortality — the risk that the average participant will live longer than expected. First, comparing the widely cited Lee-Carter model to industry benchmarks, we show that plan providers appear to...

Persistent link: https://www.econbiz.de/10005627459

Aggregate Mortality Risk and the Insurance Value of Annuities

Alho, Juha; Määttänen, Niku - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2006

Persistent link: https://www.econbiz.de/10005818334