The Effect of Annuities on Longevity
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https://www.nber.org/papers/w35082
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资源简介:
We examine how annuities affect longevity using administrative payout data on approximately 600,000 Chilean retirees from 2004 to 2022. To address selection into annuitization, we exploit the fact that annuity sales vary with recent market returns, a pattern consistent with extrapolative beliefs. We
提供机构:
美国国家经济研究局
创建时间:
2026-04-01



