How Do Retirees Value Life Annuities? Evidence from Public Employees
收藏NBER2009-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15608
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资源简介:
Economists have long been puzzled by the low demand for life annuities. To shed new light on this puzzle, we study payout choices in the Oregon Public Employees Retirement System, where each retiree must choose between a lump sum and a life annuity. Notably, the average life annuity we study is
提供机构:
美国国家经济研究局
创建时间:
2009-12-01



