On the cost of adverse selection in individual annuity markets: Evidence from Singapore

Journal of Risk and Insurance

Volumn 69, Issue 2, 2002, Pages 193-208

  Fong, Wai Mun ^a  

^a NATIONAL UNIVERSITY OF SINGAPORE   (Singapore)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 11244314188     PISSN: 00224367     EISSN: None     Source Type: Journal    
DOI: 10.1111/1539-6975.00014     Document Type: Article

References (18)

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7. Central Provident Fund Board, 1999, Annual Report, Singapore CPF Board.
8. Doyle, S., O. S. Mitchell, and J. Piggott, 2001, Annuity Values in Defined Contribution Retirement Systems, Working paper, University of Pennsylvania.
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12. Friedman, B., and M. Warshawsky, 1988, Annuity Prices and Saving Behavior in the United States, in: Z. Bodie, J. Shoven, and D. Wise, eds., Pensions in the U.S. Economy (Chicago: University of Chicago Press).
13. Friedman, B., and M. Warshawsky, 1990, The Cost of Annuities: Implications for Saving Behavior and Bequests, Quarterly Journal of Economics, 105:135-154.
14. James, E., and D. Vittas, 1999, Annuity Markets in Comparative Perspective: Do Consumers Get Their Money's Worth?, Development Research Group, World Bank.
15. Kotlikoff, L. J., and A. Spivak, 1981, The Family as an Incomplete Annuities Market, Journal of Political Economy, 89:372-391.
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17. Mitchell, O. S., J. M. Poterba, M. Warshawsky, and J. R. Brown, 1999, New Evidence on the Money's Worth of Individual Annuities, American Economic Review, 89:1299-1318.
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