Mandatory Annuitisation, Wealth Transfer and Utility Enhancing Policy: Singapore’s CPF Life Scheme

• المؤلف الرئيسي: Tan, Boon Seng
• مؤلفون آخرون: Nanyang Business School
• التنسيق: مقال
• اللغة: English
• منشور في: 2017
• الموضوعات: Life annuity; Differential mortality
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/83713; http://hdl.handle.net/10220/42810

We estimate the wealth elasticity of longevity in Singapore and discuss its implication for the CPF Life policy in Singapore. Using data from 220 obituaries in 1989 and controlling for the trend of improved longevity over the century, we found a statistically significant wealth elasticity of longevi...