Thomas Post and Katja Hanewald
Theoretical studies suggest that unexpected changes in future survival probabilities, that is, longevity risk, are important determinants of individuals' decision making about consumption, saving, allocation of assets, and retirement timing.
Chung Tran and Alan Woodland
This paper proposes and assesses consistent multi-factor dynamic ane mortality models for longevity risk applications.
Hazel Bateman and John Piggott
This paper documents developments in public sector pensions in Australia, and reports estimated unfunded liabilities associated with benefits promised to public sector employees.
Cagri Kumru and Athanasios C. Thanopoulos
This paper examines the impact of various fiscal policies, namely, taxes on consumption, labor and capital when agents have self-control preferences.
Michael Keane
This paper examines the effect of labor income taxation in life-cycle models where work experience builds human capital.
Hazel Bateman, Christine Ebling, John Geweke, Jordan Louviere, Stephen Satchell, Susan Thorp
This research studies the propensity of individuals to violate implications of expected utility maximization in allocating retirement savings within a compulsory defined contribution retirement plan.
Craig Blackburn, Michael Sherris
This paper proposes and assesses consistent multi-factor dynamic affine mortality models for longevity risk applications.
Carolyn Njenga and Michael Sherris
Mortality risk models have been developed to capture trends and common factors driving mortality improvement.
Chao Qiao and Michael Sherris
Group Self-annuitisation Schemes (GSAs), or Pooled Annuity Schemes, are designed to share uncertain future mortality experience including systematic improvements.
