Unger, Franziska; Steul-Fischer, Martina; Gatzert, Nadine - In: The Geneva Papers on Risk and Insurance - Issues and … 49 (2022) 1, pp. 180-211
Annuities provide a lifelong income stream and can therefore help individuals to mitigate the risk of outliving their savings, a highly topical issue in the context of increasing life expectancies. Given that real-world annuitization rates remain relatively low, we investigate the influence of...