Michael Sherris and Qiming Zhou
This paper overviews recent developments in models for mortality heterogeneity and uses a model calibrated to both population mortality and health condition data to consider the impact of model risk and heterogeneity in assessing solvency and tail risk for longevity risk products.
Cagri S. Kumru and Saran Sarntisart
The purpose of this paper is to examine the question of optimal taxation when individuals have self-control problems.
Adam Wenqiang Shao, Michael Sherris and Katja Hanewald
This paper estimates and compares methods of constructing disaggregated house price indices from existing house price models using individual sales data for Sydney.
Hazel Bateman, Isabella Dobrescu, Ben R. Newell, Andreas Ortmann and Susan Thorp
We report the results of two laboratory experiments that study how university student and staff participants chose retirement savings investment options using 'user‐friendly' information prescribed by regulators.
Vanessa Loh and Hal Kendig
This paper provides national findings on both paid, tax-generating and unpaid, voluntary productivity across the life course, focusing primarily on the baby boomer cohort now in late middle age.
Shiko Maruyamaya and Meliyanni Johar
When siblings are concerned for the well-being of their elderly parents, the costs of care giving and long-term commitment create a free-rider problem.
Daniel Cho, Katja Hanewald and Michael Sherris
We analyse the risk and profitability of reverse mortgages with lump-sum or income stream payments from the lender's perspective
Ramona Meyricke and Michael Sherris
This paper quantities the financial impact of frailty on underwritten annuities.
Daniel H. Alai, Severine Gaille and Michael Sherris
Changes in underlying mortality rates significantly impact insurance business as well as private and public pension systems.
