Joelle H. Fong, John Piggott, and Michael Sherris
This paper assesses the cost and risk faced by public sector, defined benefit plan providers arising from uncertain mortality, including longevity selection, mortality improvements, and unexpected systematic shocks.
Bei Lu
This paper uses the China Health and Retirement Longitudinal Study (CHARLS) data to investigate the net impact on the old age household income inequality when the new rural pension plan is in place.
Meliyanni Johar and Shiko Maruyama
We estimate a sequential game to investigate externality and strategic interaction among adult siblings regarding their location choice relative to their elderly parents.
Loretti Dobrescu, Dimitris Christelis, Alberto Motta
Using life-history survey data from eleven European countries, we investigate whether childhood conditions, such as socioeconomic status, cognitive abilities and health problems influence portfolio choice and risk attitudes later in life.
Daniel Alai, Zinoviy Landsman and Michael Sherris
Systematic improvements in mortality results in dependence in the survival distributions of insured lives. This paper applies a multivariate gamma distribution to incorporate dependence.
Elena Capatina
This paper studies four channels through which health affects individuals: (1) productivity, (2) medical expenditures, (3) available time and (4) survival probabilities, and assesses their roles in determining labour supply, asset accumulation and welfare.
Dimitris Christelis and Loretti I. Dobrescu
Using micro data from eleven European countries, we investigate the impact of being socially active on cognition in older age.
Elena Veprauskaite and Michael Sherris
This paper considers optimal reinsurance based on an assessment of the reinsurance arrangements for a large life insurer.
Maathumai Nirmalendran, Michael Sherris and Katja Hanewald
This paper provides a detailed quantitative assessment of the impact of solvency capital requirements on product pricing and shareholder value for a life insurer.
