Mortality Contingent Claims, Health Care, and Social Insurance
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This paper analyzes the savings and health care impacts of mortality contingent claims, defined here as income measures, such as annuities and life-insurance, under which earned income is contingent on the length of one's life. The postwar increase in mandatory annuity and life-insurance programs,
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美国国家经济研究局创建时间:
1996-09-01



