Mandatory unisex policies and annuity pricing : quasi-experimental evidence from Germany


Gaudecker, Hans-Martin von ; Weber, Carsten


[img]
Preview
PDF
dp07_07.pdf - Published

Download (287kB)

URL: https://ub-madoc.bib.uni-mannheim.de/2560
URN: urn:nbn:de:bsz:180-madoc-25604
Document Type: Working paper
Year of publication: 2006
The title of a journal, publication series: Working paper series / Sonderforschungsbereich 504, Rationalitätskonzepte, Entscheidungsverhalten und Ökonomische Modellierung
Volume: 07-07
Place of publication: Mannheim
Publication language: English
Institution: School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
MADOC publication series: Sonderforschungsbereich 504 > Rationalitätskonzepte, Entscheidungsverhalten und ökonomische Modellierung (Laufzeit 1997 - 2008)
Subject: 330 Economics
Subject headings (SWD): Deutschland , Versicherungsprämie , Versicherungstechnik , Geschlecht , Frauenpolitik , Diskriminierung
Abstract: We analyse the effect of abolishing gender-based categorisation of risks on the pricing of annuity contracts. Under the absence of screening activities, we find clear evidence of insurers expecting strong adverse selection effects. In particular, most of the unisex contracts’ payouts closely resemble those from women’s policies before the reform. Hence the policy target is not met and there are large efficiency losses for men. We conclude that there seems to be little hope for unisex policies to meet their equity objectives if consumers can react on the extensive margin, unless subsidies are extremely large.
Additional information:

Dieser Eintrag ist Teil der Universitätsbibliographie.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




+ Citation Example and Export

Gaudecker, Hans-Martin von ; Weber, Carsten (2006) Mandatory unisex policies and annuity pricing : quasi-experimental evidence from Germany. Open Access Working paper series / Sonderforschungsbereich 504, Rationalitätskonzepte, Entscheidungsverhalten und Ökonomische Modellierung Mannheim 07-07 [Working paper]
[img]
Preview


+ Search Authors in

+ Download Statistics

Downloads per month over past year

View more statistics



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item