Finkelstein, Amy; Poterba, James; Rothschild, Casey - In: Journal of Financial Economics 91 (2009) 1, pp. 38-58
We illustrate how equilibrium screening models can be used to evaluate the economic consequences of insurance market regulation. We calibrate and solve a model of the United Kingdom's compulsory annuity market and examine the impact of gender-based pricing restrictions. We find that the...