OECD Working Papers on Insurance and Private Pensions
- Discontinued
- Is continued by :
- OECD Working Papers on Finance, Insurance and Private Pensions
Selected studies on insurance and private pensions policy prepared for use within the OECD and addressing such policy issues as risk management, governance, types of investments, and benefit protection. This working papers series has been discontinued; it is superseded by ‘OECD Working Papers on Finance, Insurance and Private Pensions’ available via: http://dx.doi.org/10.1787/20797117.
- ISSN: 19936397 (online)
- https://doi.org/10.1787/19936397
National Annuity Markets
Features and Implications
This paper describes a number of national annuity markets, the types of products typically available, the demand for these products, the value for money on offer and the dynamics of the supply side. It explores supply and demand characteristics, asking what the main forces are that drive these dynamics and how they might be recognised and responded to by policymakers.
Keywords: annuity markets, money's worth ratios, supply and demand of annuities
JEL:
G38: Financial Economics / Corporate Finance and Governance / Corporate Finance and Governance: Government Policy and Regulation;
E21: Macroeconomics and Monetary Economics / Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy / Macroeconomics: Consumption; Saving; Wealth;
G11: Financial Economics / General Financial Markets / Portfolio Choice; Investment Decisions;
D91: Microeconomics / Micro-Based Behavioral Economics / Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making;
J26: Labor and Demographic Economics / Demand and Supply of Labor / Retirement; Retirement Policies;
D11: Microeconomics / Household Behavior and Family Economics / Consumer Economics: Theory;
D14: Microeconomics / Household Behavior and Family Economics / Household Saving; Personal Finance;
J14: Labor and Demographic Economics / Demographic Economics / Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
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