skip to content
Annuity values in defined contribution retirement systems : the case of Singapore and Australia Preview this item
ClosePreview this item
Checking...

Annuity values in defined contribution retirement systems : the case of Singapore and Australia

Author: Suzanne Doyle; Olivia S Mitchell; John Piggott; National Bureau of Economic Research.
Publisher: Cambridge, MA. : National Bureau of Economic Research, ©2001.
Series: Working paper series (National Bureau of Economic Research), no. 8091.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Abstract: In this paper we derive and compare the value of life annuity products in an international context. Our specific goal is to assess the money's worth and adverse selection impact of annuities in two countries Singapore and Australia that have mandatory DC-type retirement plans. This similarity in plan type is offset by differences in the two countries' national retirement policies. Our comparison therefore  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Additional Physical Format: Print version:
Doyle, Suzanne.
Annuity values in defined contribution retirement systems.
Cambridge, MA. : National Bureau of Economic Research, ©2001
(OCoLC)45896527
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Suzanne Doyle; Olivia S Mitchell; John Piggott; National Bureau of Economic Research.
OCLC Number: 70124022
Notes: "January 2001."
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (29 pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: Working paper series (National Bureau of Economic Research), no. 8091.
Responsibility: Suzanne Doyle, Olivia S. Mitchell, John Piggott.

Abstract:

Abstract: In this paper we derive and compare the value of life annuity products in an international context. Our specific goal is to assess the money's worth and adverse selection impact of annuities in two countries Singapore and Australia that have mandatory DC-type retirement plans. This similarity in plan type is offset by differences in the two countries' national retirement policies. Our comparison therefore exploits the natural experiment in annuity pricing and purchase behaviour under alternative retirement regimes. The results show that after controlling on administrative loadings, there appear to be important differences in measured adverse selection across countries. Specifically, selection appears to be far stronger in the presence of a generous public benefit scheme that provides a first line of defence against the risk of old-age poverty.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/70124022> # Annuity values in defined contribution retirement systems : the case of Singapore and Australia
    a schema:CreativeWork, schema:MediaObject, schema:Book ;
    library:oclcnum "70124022" ;
    library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/35951705#Place/cambridge_ma> ; # Cambridge, MA.
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
    schema:about <http://id.worldcat.org/fast/1205288> ; # Singapore
    schema:about <http://experiment.worldcat.org/entity/work/data/35951705#Place/australia> ; # Australia.
    schema:about <http://id.worldcat.org/fast/889747> ; # Defined contribution pension plans
    schema:about <http://id.worldcat.org/fast/1204543> ; # Australia
    schema:about <http://experiment.worldcat.org/entity/work/data/35951705#Topic/defined_contribution_pension_plans_singapore> ; # Defined contribution pension plans--Singapore
    schema:about <http://experiment.worldcat.org/entity/work/data/35951705#Topic/defined_contribution_pension_plans> ; # Defined contribution pension plans
    schema:about <http://experiment.worldcat.org/entity/work/data/35951705#Topic/annuities_prices_singapore> ; # Annuities--Prices--Singapore
    schema:about <http://experiment.worldcat.org/entity/work/data/35951705#Topic/annuities_prices_australia> ; # Annuities--Prices--Australia
    schema:about <http://experiment.worldcat.org/entity/work/data/35951705#Topic/defined_contribution_pension_plans_australia> ; # Defined contribution pension plans--Australia
    schema:about <http://experiment.worldcat.org/entity/work/data/35951705#Place/singapore> ; # Singapore.
    schema:bookFormat schema:EBook ;
    schema:contributor <http://viaf.org/viaf/7621718> ; # Olivia S. Mitchell
    schema:contributor <http://viaf.org/viaf/135446122> ; # National Bureau of Economic Research.
    schema:contributor <http://viaf.org/viaf/5021507> ; # John R. Piggott
    schema:copyrightYear "2001" ;
    schema:creator <http://viaf.org/viaf/68857090> ; # Suzanne Doyle
    schema:datePublished "2001" ;
    schema:description "Abstract: In this paper we derive and compare the value of life annuity products in an international context. Our specific goal is to assess the money's worth and adverse selection impact of annuities in two countries Singapore and Australia that have mandatory DC-type retirement plans. This similarity in plan type is offset by differences in the two countries' national retirement policies. Our comparison therefore exploits the natural experiment in annuity pricing and purchase behaviour under alternative retirement regimes. The results show that after controlling on administrative loadings, there appear to be important differences in measured adverse selection across countries. Specifically, selection appears to be far stronger in the presence of a generous public benefit scheme that provides a first line of defence against the risk of old-age poverty."@en ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/35951705> ;
    schema:inLanguage "en" ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/35951705#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/35951705#Series/nber_working_paper_series> ; # NBER working paper series ;
    schema:isSimilarTo <http://www.worldcat.org/oclc/45896527> ;
    schema:name "Annuity values in defined contribution retirement systems : the case of Singapore and Australia"@en ;
    schema:productID "70124022" ;
    schema:publication <http://www.worldcat.org/title/-/oclc/70124022#PublicationEvent/cambridge_ma_national_bureau_of_economic_research_2001> ;
    schema:publisher <http://experiment.worldcat.org/entity/work/data/35951705#Agent/national_bureau_of_economic_research> ; # National Bureau of Economic Research
    schema:url <http://catalog.hathitrust.org/api/volumes/oclc/45896527.html> ;
    schema:url <http://papers.nber.org/papers/w8091> ;
    schema:url <http://books.google.com/books?id=pJgxAAAAMAAJ> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/70124022> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/35951705#Agent/national_bureau_of_economic_research> # National Bureau of Economic Research
    a bgn:Agent ;
    schema:name "National Bureau of Economic Research" ;
    .

<http://experiment.worldcat.org/entity/work/data/35951705#Place/cambridge_ma> # Cambridge, MA.
    a schema:Place ;
    schema:name "Cambridge, MA." ;
    .

<http://experiment.worldcat.org/entity/work/data/35951705#Series/nber_working_paper_series> # NBER working paper series ;
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/70124022> ; # Annuity values in defined contribution retirement systems : the case of Singapore and Australia
    schema:name "NBER working paper series ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/35951705#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/70124022> ; # Annuity values in defined contribution retirement systems : the case of Singapore and Australia
    schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/35951705#Topic/defined_contribution_pension_plans> # Defined contribution pension plans
    a schema:Intangible ;
    schema:name "Defined contribution pension plans"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/35951705#Topic/defined_contribution_pension_plans_australia> # Defined contribution pension plans--Australia
    a schema:Intangible ;
    schema:hasPart <http://id.loc.gov/authorities/subjects/sh94004367> ;
    schema:name "Defined contribution pension plans--Australia"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/35951705#Topic/defined_contribution_pension_plans_singapore> # Defined contribution pension plans--Singapore
    a schema:Intangible ;
    schema:hasPart <http://id.loc.gov/authorities/subjects/sh94004367> ;
    schema:name "Defined contribution pension plans--Singapore"@en ;
    .

<http://id.worldcat.org/fast/1204543> # Australia
    a schema:Place ;
    schema:name "Australia" ;
    .

<http://id.worldcat.org/fast/1205288> # Singapore
    a schema:Place ;
    schema:name "Singapore" ;
    .

<http://id.worldcat.org/fast/889747> # Defined contribution pension plans
    a schema:Intangible ;
    schema:name "Defined contribution pension plans"@en ;
    .

<http://viaf.org/viaf/135446122> # National Bureau of Economic Research.
    a schema:Organization ;
    schema:name "National Bureau of Economic Research." ;
    .

<http://viaf.org/viaf/5021507> # John R. Piggott
    a schema:Person ;
    schema:familyName "Piggott" ;
    schema:givenName "John R." ;
    schema:givenName "John" ;
    schema:name "John R. Piggott" ;
    .

<http://viaf.org/viaf/68857090> # Suzanne Doyle
    a schema:Person ;
    schema:familyName "Doyle" ;
    schema:givenName "Suzanne" ;
    schema:name "Suzanne Doyle" ;
    .

<http://viaf.org/viaf/7621718> # Olivia S. Mitchell
    a schema:Person ;
    schema:familyName "Mitchell" ;
    schema:givenName "Olivia S." ;
    schema:name "Olivia S. Mitchell" ;
    .

<http://www.worldcat.org/oclc/45896527>
    a schema:CreativeWork ;
    rdfs:label "Annuity values in defined contribution retirement systems." ;
    schema:description "Print version:" ;
    schema:isSimilarTo <http://www.worldcat.org/oclc/70124022> ; # Annuity values in defined contribution retirement systems : the case of Singapore and Australia
    .

<http://www.worldcat.org/title/-/oclc/70124022>
    a genont:InformationResource, genont:ContentTypeGenericResource ;
    schema:about <http://www.worldcat.org/oclc/70124022> ; # Annuity values in defined contribution retirement systems : the case of Singapore and Australia
    schema:dateModified "2018-06-19" ;
    void:inDataset <http://purl.oclc.org/dataset/WorldCat> ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.