Michael Keane and Olena Stavrunova
The size of adverse selection and moral hazard effects in health insurance markets has important policy implications.
You are here
Working Papers
2011Nov
Katja Hanewald and Michael Sherris
This paper provides an assessment of risk models for residential property for applications in banking and insurance including pricing, risk management, and portfolio management.
2011Sep
Hazel Bateman, Christine Eckert, John Geweke, Jordan Louviere, Stephen Satchell and Susan Thorp
Financial regulators are weighing up the effectiveness of different templates for communicating investment risk to retirement savers since welfare depends on comprehension of risk information.
2011Aug
Katja Hanewald, John Piggott and Michael Sherris
This paper analyzes an individual's post retirement longevity risk management strategy allowing for systematic longevity risk, recent product innovations, and product loadings.
2011Aug
Thomas Post and Katja Hanewald
Theoretical studies suggest that unexpected changes in future survival probabilities, that is, longevity risk, are important determinants of individuals' decision making about consumption, saving, allocation of assets, and retirement timing.
2011Aug
Chung Tran and Alan Woodland
This paper proposes and assesses consistent multi-factor dynamic ane mortality models for longevity risk applications.
2011Aug
Hazel Bateman and John Piggott
This paper documents developments in public sector pensions in Australia, and reports estimated unfunded liabilities associated with benefits promised to public sector employees.
2011Jul
Cagri Kumru and Athanasios C. Thanopoulos
This paper examines the impact of various fiscal policies, namely, taxes on consumption, labor and capital when agents have self-control preferences.
2011Jun
Michael Keane
This paper examines the effect of labor income taxation in life-cycle models where work experience builds human capital.