Cagri S. Kumru and Saran Sarntisart
In this paper we provide a model that aims to answer the following questions: First, under what conditions an alternative banking system would arise? Second, what are the growth, and welfare implications of these banking systems?
Severine Gaille, Michael Sherris
This paper applies VECM to cause-of-death mortality rates in order to assess the dependence between these competing risks.
Daniel Alai, Hua Chen, Daniel Cho, Katja Hanewald and Michael Sherris
In this paper, we compare cash flows and risk profiles from the provider's perspective for reverse mortgage and home reversion contracts.
Hazel Bateman, Andy Lai, and Ralph Stevens
We assessed alternative presentations of investment risk using a discrete choice experiment which asked subjects to rank three investment portfolios for retirement savings across nine risk presentation formats and four underlying risk levels.
Julie R. Agnew, Hazel Bateman, and Susan Thorp
We implement a customised survey to a representative sample of 1,024 Australians to examine the relationship between financial literacy and retirement planning.
Julie R. Agnew, Hazel Bateman, and Susan Thorp
This study presents new insights into the retirement preparedness of Australians at the later stages of working life.
Julie R. Agnew, Hazel Bateman, and Susan Thorp
This paper presents new evidence from a national survey of non-retired individuals with superannuation accounts between the ages of 25 and 65.
Joelle H. Fong, Benedict SK. Koh, and Olivia S. Mitchell
This paper examines how inability to perform activities of daily living relates to the risk of nursing home admission over older adults' life courses
Bei Lu and John Piggott
This paper proposes a Notional Defined Contribution (NDC) mechanism to ensure pension mobility for migrating workers, in both the accumulation and drawdown phases.
