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

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...

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Bibliographic Details
Main Author: Tan, Boon Seng
Other Authors: Nanyang Business School
Format: Article
Language:English
Published: 2017
Subjects:
Online Access:https://hdl.handle.net/10356/83713
http://hdl.handle.net/10220/42810
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Institution: Nanyang Technological University
Language: English

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