Benutzer: Gast  Login
Autor(en):
Bucher-Koenen, Tabea; Kluth, Sebastian 
Titel:
Subjective Life Expectancy and Private Pensions 
Abstract:
One important parameter in the decision process when buying a private annuity is individuals' subjective life expectancy, because it directly influences the expected rate of return. We examine the market for private annuities in Germany and evaluate potential selection e ffects based on subjective life expectancy. First individuals are pessimistic about their life span compared to the official life tables. Second we find a significant selection e ffect based on subjective life expectancy for wo...    »
 
Stichworte:
Arbeitspapier/Diskussionspapier 
Jahr:
2013