John Piggott and Rafal Chomik
Australia's retirement income provision system, comprising the 'three pillars' of a means-tested Age Pension, mandatory occupational superannuation and other, voluntary long term savings, is at the heart of understanding the fiscal implications of ageing.
Dominic Ho and Michael Sherris
This paper examines the application of two popular MCDM methods, Analytical Hierarchy Process (AHP) and ELECTRE III, to ILS portfolios.
Elisabetta Magnani, Garima Verma, Anu Rammohan
We model the allocation of time resources by adult children between competing caring activities - those towards coresiding elderly and those towards coresiding children.
Daniel Alai and Michael Sherris
In this paper we show how applying trend models from non-life claims reserving to age-period-cohort mortality trends provides new insight in estimating mortality improvement and quantifying its uncertainty.
Jonathan Ziveyi, Craig Blackburn, Michael Sherris
This paper considers the pricing of European call options written on pure endowment and deferred life annuity contracts, also known as guaranteed annuity options.
George Kudrna and Alan Woodland
In this paper we investigate the macroeconomic and welfare effects of the major changes of the mandatory superannuation reform proposed in the 2010-11 Australian federal budget
Cagri Kumru and John Piggott
This paper studies the interaction between capital income taxation and a means tested age pension in the context of an overlapping generations model, calibrated to the UK economy.
George Kudrna and Alan Woodland
Concerned with the vertical equity of the current superannuation tax concessions, this paper provides a quantitative analysis of hypothetical replacements of the existing superannuation tax treatment with the EET and TEE regimes commonly found in other countries.
Michael Keane and Olena Stavrunova
The size of adverse selection and moral hazard effects in health insurance markets has important policy implications.
