Longevity and Annuities: An Introduction

Helmuth Cremer and Pierre Pestieau

Post-Print from HAL

Abstract: Why should there be such a change in emphasis? A cynical answer would be that so much has been written on the relative merits of PAYGO and fully funded pensions, on the issue of privatizations, on the need of fostering activity rates of elderly workers, and so on, that pension economists are forced to seek new and unplowed fields. This is a rather negative view. We also see at least three positive reasons to explain the surge of interest in the decumulation phase: the continuing shift from "defined benefits" to "defined contributions " pensions both in the public and in the private sector, the thinness of the annuity market, and the demographic changes.

Date: 2010-02
References: Add references at CitEc
Citations:

Published in Journal of Public Economic Theory, 2010, 12 (1), pp.1-5. ⟨10.1111/j.1467-9779.2009.01443.x⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Longevity and Annuities: An Introduction (2010)
Working Paper: Longevity and Annuities: An Introduction (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00754474

DOI: 10.1111/j.1467-9779.2009.01443.x

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().