Readership: Pension regulators and policymakers; actuaries; academics and researchers; pension and benefits analysts, consultants, financial advisers, and plan sponsors; human resources / industrial relations specialists.
Edited by Olivia S. Mitchell, Executive Director of the Pension Research Council, Wharton School, University of Pennsylvania, John Piggott, Professor of Economics, Australian School of Business, University of New South Wales, and Noriyuki Takayama, Professor, Institute of Economic Research, Hitotsubashi University, Tokyo
Olivia S. Mitchell is the International Foundation of Employee Benefit Plans Professor and the Chair of the Department of Insurance and Risk Management; Executive Director of the Pension Research Council; and Director of the Boettner Center on
Pensions and Retirement Research at the Wharton School. Her areas of research and teaching are private and public insurance, risk management, public finance and labor markets, and compensation and pensions, with a US and an international focus. She received the Ph.D. degrees in economics from the University of Wisconsin-Madison.
John Piggott is Professor of Economics in the Australian School of Business, University of New South Wales, where he also heads up the Australian Institute for Population Ageing Research. His research examines economic and financial aspects of population aging. He received the Ph.D. in Economics from the University of
Noriyuki Takayama is Professor at the Institute of Economic Research with the Hitotsubashi University in Tokyo. His research interests include intergenerational economic issues, public and private pensions, and household saving and wealth formation. He received the Ph.D. from the University of Tokyo.
"This book is essential reading for policy-makers trying to obtain an international context into which they can place their own retirement income market, and for academics who are looking for an introduction to retirement-income markets and the prominent researchers in this field." - David McCarthy, Journal of Pension Economics and Finance
1: Olivia S. Mitchell and John Piggott: Turning Wealth into Lifetime Income: The Challenge Ahead
Annuity Markets Around the World
2: Edward Palmer and Bo Larsson: The Swedish Annuity Market: Where It Is and Where It's Headed
3: Mukul G. Asher and Deepa Vasudevan: Market Structure and Challenges for Annuities in India
4: Moshe A. Milevsky and Ling-wu Shao: Annuities and Their Derivatives: The Recent Canadian Experience
5: Anthony Webb: The United States Longevity Insurance Market
6: Hazel Bateman and John Piggott: Too Much Risk to Insure? The Australian (non-)Market for Annuities
7: Jose Ruiz and Olivia S. Mitchell: Pension Payouts in Chile: Past, Present, and Future Prospects
8: Barbara Kaschützke and Raimond Maurer: The Private Life Annuity Market in Germany: Products and Money's Worth Ratios
9: Junichi Sakamoto: Annuity Markets in Japan
10: Edmund Cannon and Ian Tonks: Compulsory and Voluntary Annuity Markets in the United Kingdom
11: Monika Bütler and Stefan Staubli: Payouts in Switzerland: Explaining Developments in Annuitization
Visit the editors' website