Annuity Risk: Volatility and Inflation Exposure in Payments from Immediate Life Annuities

by Chris Soares and Mark Warshawsky; WP CeRP N° 22/02 (published in Fornero E. and E. Luciano (eds), Developing an Annuity Market in Europe, Cheltenham: Edward Elgar, 2004)

June 2002

WP_22.pdf (PDF document — 751 KB)