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Inkmann et al., 2011 - Google Patents

How deep is the annuity market participation puzzle?

Inkmann et al., 2011

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Document ID
8062096482102459591
Author
Inkmann J
Lopes P
Michaelides A
Publication year
Publication venue
The Review of Financial Studies

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Snippet

Using microeconomic data for the United Kingdom, we analyze the empirical determinants of voluntary annuity market demand. We find that annuity market participation increases with financial wealth, life expectancy, and education and decreases with other pension income …
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