Chapter

Evidence on the workings of annuity markets

Edmund Cannon and Ian Tonks

in Annuity Markets

Published in print October 2008 | ISBN: 9780199216994
Published online January 2009 | e-ISBN: 9780191711978 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199216994.003.0009
Evidence on the workings of annuity markets

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This chapter reports the evidence of how annuities function. It discusses the evidence on selection effects and the factors that determine whether people purchase annuities.

Keywords: adverse selection; selection effects; bequests; function of annunities

Chapter.  6039 words.  Illustrated.

Subjects: Pensions

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