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The Sluggish and Asymmetric Reaction of Life Annuity Prices to Changes in Interest Rates

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  • Narat Charupat
  • Mark J. Kamstra
  • Moshe A. Milevsky

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  • Narat Charupat & Mark J. Kamstra & Moshe A. Milevsky, 2016. "The Sluggish and Asymmetric Reaction of Life Annuity Prices to Changes in Interest Rates," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 83(3), pages 519-555, September.
    • Handle: RePEc:bla:jrinsu:v:83:y:2016:i:3:p:519-555
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    Cited by:

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    2. David Blanchett & Branislav Nikolic, 2023. "Historical pricing variability in immediate and deferred income annuities," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 26(2), pages 271-280, July.
    3. Thorsten Moenig, 2022. "It's RILA time: An introduction to registered index‐linked annuities," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 89(2), pages 339-369, June.
    4. Kliger, Doron & Qadan, Mahmoud, 2019. "The High Holidays: Psychological mechanisms of honesty in real-life financial decisions," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 78(C), pages 121-137.
    5. Milevsky, Moshe A. & Salisbury, Thomas S., 2022. "Refundable income annuities: Feasibility of money-back guarantees," Insurance: Mathematics and Economics, Elsevier, vol. 105(C), pages 175-193.
    6. David Blanchett & Michael Finke & Branislav Nikolic, 2021. "How competitive are income annuity providers over time?," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 24(2), pages 207-214, June.

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