An Empirical Analysis of the Annuity Rate in Chile

An Empirical Analysis of the Annuity Rate in Chile

Empirical analyses of annuities markets have been limited to a few industrial countries and restricted by data limitations. Chile provides excellent conditions for research on annuities because of the depth of its market and the availability of data. The authors use a panel of life insurance company...

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Bibliographic Details
Main Authors: Rocha, Roberto, Morales, Marco, Thorburn, Craig
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ADVERSE SELECTION
AGENTS
AGGREGATE DEMAND
AGGREGATE SUPPLY
ANNUITIES
ANNUITIES MARKETS
ANNUITY
ANNUITY MARKETS
ANNUITY PROVIDERS
ANNUITY RATE
ANNUITY RATES
ASSETS
AVERAGE COSTS
BANKRUPTCY
BROKERS
CAPITAL MARKETS
CENTRAL BANK
COMMERCIAL BANKS
COMMISSIONS
CONSUMERS
CREDIT RISK
DEMAND CURVE
DISCLOSURE
DISCLOSURE RULES
ECONOMETRIC ANALYSIS
ECONOMIES OF SCALE
EXPECTED PRESENT VALUE
EXPECTED RETURNS
FINANCIAL ASSETS
FINANCIAL INSTRUMENTS
FINANCIAL SECTOR
FIXED ANNUITIES
FIXED INCOME
GDP
GOVERNMENT BONDS
INDEXED BONDS
INSURANCE COMPANY
INSURANCE INDUSTRY
INTEREST RATE
INTEREST RATES
INTERNAL RATE OF RETURN
LIFE ANNUITIES
LIFE EXPECTANCY
LIFE INSURANCE
LIFE INSURANCE COMPANIES
LIQUIDITY
LONGEVITY RISKS
MACROECONOMIC CONDITIONS
MARKET RISK
MONOPOLY
MORTALITY TABLES
MORTGAGES
NORMAL RETIREMENT AGE
OPPORTUNITY COST
PAYOUT
PENSION FUND
PENSION FUND ADMINISTRATORS
PENSION LAW
PENSION REFORM
PENSION REFORMS
PENSION SAVINGS
PENSION SYSTEM
PENSIONERS
PENSIONS
PORTFOLIO
PORTFOLIO COMPOSITION
PORTFOLIO RETURN
PORTFOLIO RETURNS
PORTFOLIOS
PREMIUMS
PRIVATE PENSION
PRIVATE PENSION FUNDS
PRIVATE PENSION SYSTEMS
PRIVATE PILLARS
PROFIT MARGINS
PROFIT MAXIMIZATION
RATES OF RETURN
REINVESTMENT RISK
RESERVES
RETIREES
RETIREMENT
RETIREMENT INCOME
RISK AVERSION
RISK PREMIUM
RISK-FREE RATE
ROA
SAVINGS
SECURITIES
STATEMENTS
STRUCTURAL CHANGE
SUBSTITUTION EFFECT
SUPERVISORY AGENCY
TRANSPARENCY
TREASURY BONDS
UNDERWRITING
VALUATION
WAGES
WEALTH
Online Access:http://documents.worldbank.org/curated/en/2006/06/6822636/empirical-analysis-annuity-rate-chile
http://hdl.handle.net/10986/8456

Internet

http://documents.worldbank.org/curated/en/2006/06/6822636/empirical-analysis-annuity-rate-chile
http://hdl.handle.net/10986/8456

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