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Persistent link: https://www.econbiz.de/10003868085

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Morbidity, mortality, health expenditures and annuitization

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Morbidity, Mortality, Health Expenditures and Annuitization

Tang, Kam Ki - 2010

In this paper we explore the implication of a morbidity risk for the relationship between longevity and annuitization. We divide old-age life into two periods with uncertain survival from the end of the first to the end of the second. We show that a rise in the survival rate causes different...

Persistent link: https://www.econbiz.de/10012759851