Longevity Risk and Private Pensions [electronic resource] / Pablo Antolín = Risque de longévité et pensions privées / Pablo Antolín
Material type:![Article](/opac-tmpl/lib/famfamfam/AR.png)
- Risque de longévité et pensions privées
- G23
- C32
- C15
- J11
- J32
- J26
Item type | Home library | Collection | Call number | Status | Date due | Barcode | Item holds | |
---|---|---|---|---|---|---|---|---|
Working Paper | Biblioteca Digital | Colección OECD | OECD 261260613084 (Browse shelf(Opens below)) | Not For Loan |
This paper examines how uncertainty regarding future mortality and life expectancy outcomes, i.e. longevity risk, affects employer-provided defined benefit (DB) private pension plans liabilities. The paper argues that to assess uncertainty and associated risks adequately, a stochastic approach to model mortality and life expectancy is preferable because it permits to attach probabilities to different forecasts. In this regard, the paper provides the results of estimating the Lee-Carter model for several OECD countries. Furthermore, it conveys the uncertainty surrounding future mortality and...
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