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The evolution from life insurance to financial engineering
Since the mid-1980s, the share of household net worth intermediated by US financial institutions has shifted from defined benefit plans to life insurers and defined contribution plans. Life insurers have primarily grown through variable annuities, which are mutual funds with longevity insurance, a p...
Autores principales: | Koijen, Ralph S. J., Yogo, Motohiro |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Palgrave Macmillan UK
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8377459/ https://www.ncbi.nlm.nih.gov/pubmed/34429715 http://dx.doi.org/10.1057/s10713-021-00068-1 |
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