Industrial-Sized Deals Best Books of the Month Shop Women's Handbags Learn more nav_sap_plcc_6M_fly_beacon $5 Albums Storm Fire TV Stick Off to College Essentials Find the Best Purina Pro Plan for Your Pet Shop Popular Services Home Theater Setup Plumbing Services Assembly Services Shop all tmnt tmnt tmnt  Amazon Echo Fire HD 6 Kindle Voyage The Walking Dead\ Shop Back to School with Amazon Back to School with Amazon Outdoor Recreation Deal of the Day
The Role of Annuity Markets in Financing Retirement and over one million other books are available for Amazon Kindle. Learn more

The Role of Annuity Markets in Financing Retirement 1st Edition

2 customer reviews
ISBN-13: 978-0262025096
ISBN-10: 0262025094
Why is ISBN important?
ISBN
This bar-code number lets you verify that you're getting exactly the right version or edition of a book. The 13-digit and 10-digit formats both work.
Scan an ISBN with your phone
Use the Amazon App to scan ISBNs and compare prices.
Have one to sell? Sell on Amazon
Buy used
$25.00
Buy new
$35.00
More Buying Choices
17 New from $7.04 17 Used from $0.50
Free Two-Day Shipping for College Students with Amazon Student Free%20Two-Day%20Shipping%20for%20College%20Students%20with%20Amazon%20Student


Best Books of the Month
See the Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.
$35.00 FREE Shipping. Only 3 left in stock (more on the way). Ships from and sold by Amazon.com. Gift-wrap available.

Editorial Reviews

Review

"This book is an outstanding contribution to our knowledge base about the role of annuities in assisting households to finance their retirements. It's the first book I've seen to cover these topics."--Laurence J. Kotlikoff, Department of Economics, Boston University



"I warmly welcome the publication of this book. The authors provide both a good descriptive view of the US private annuity system and a thorough analysis of the factors influencing the value individuals attach to annuity payout streams."--Alain Jousten, Department of Economics, Université de Liège



"Well-written and thorough; this is high-quality research on an important public policy issue. The book collects the results of an impressive research agenda in one place."--William M. Gentry, Graduate School of Business, Columbia University



"Life annuities can be extremely valuable and useful financial products. They can make retirement planning easier and more efficient. At the same time, they are not widely understood. The four authors of this book have produced the most authoritative and comprehensive examination of life annuities ever written. One can literally learn all there is to know about life annuities by reading this book. I recommend it to financial planners, academics, public policy makers, and anyone trying to understand theseimportant financial contracts. This book is a tour de force."--John B. Shoven, Charles R. Schwab Professor of Economics, Stanford University

About the Author

Jeffrey R. Brown is Assistant Professor of Public Policy in the John F. Kennedy School of Government at Harvard University.

Olivia S. Mitchell is IFEBP Professor of Insurance and Risk Management in the Wharton School at the University of Pennsylvania.

James M. Poterba is Mitsui Professor in the Department of Economics at MIT. He has been Director of the NBER Public Economics Research Program since 1991 and has edited volumes 6-20 of Tax Policy and the Economy.

Mark J. Warshawsky is Director of Retirement Research at Towers Watson, former member of the Social Security Advisory Board, and coauthor of The Role of Annuity Markets in Financing Retirement (MIT Press).

NO_CONTENT_IN_FEATURE


Best Books of the Month
Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.

Product Details

  • Hardcover: 239 pages
  • Publisher: The MIT Press; 1st edition (December 1, 2001)
  • Language: English
  • ISBN-10: 0262025094
  • ISBN-13: 978-0262025096
  • Product Dimensions: 6 x 0.8 x 9 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #3,022,167 in Books (See Top 100 in Books)

More About the Author

Mark J. Warshawsky is Director of Retirement Research at Towers Watson, a global human capital consulting firm. He conducts and oversees research on employer-sponsored retirement programs and policies, social security, financial planning and health care financing. He has written numerous articles published in leading peer-reviewed scholarly journals, practitioner publications, conference volumes and working papers, has organized several research conferences, and has testified before Congress on public policies relating to pensions, annuities and other economic issues. He is a co-author of the Fundamentals of Private Pensions, Ninth Edition, 2009, published by Oxford University Press, and of Retirement Income: Risks and Strategies, forthcoming, MIT Press. A member of the Social Security Advisory Board for a term through 2012, he is also on the Advisory Board of the Pension Research Council of the Wharton School. From 2004 to 2006, Dr. Warshawsky served as assistant secretary for economic policy at the U.S. Treasury Department. There he played a key role in the development of the Administration's pension reform proposals, particularly pertaining to the funding of single-employer defined benefit plans, which formed the basis of the Pension Protection Act of 2006. Dr. Warshawsky's research led directly to the 2001-2 regulatory reform of minimum distribution requirements for qualified retirement plans. He is the inventor of the life care annuity, a product innovation integrating the immediate life annuity and long-term care insurance. For that research, Dr. Warshawsky won a prize from the British Institute of Actuaries in 2001. He has also held senior-level economic research positions at the Internal Revenue Service, the Federal Reserve Board in Washington, D.C. and TIAA-CREF, where he established the Paul A. Samuelson Prize. Born in Chicago in 1958, Dr. Warshawsky received a Ph.D. in Economics from Harvard University and a B.A. with Highest Distinction from Northwestern University.

Customer Reviews

5 star
50%
4 star
50%
3 star
0%
2 star
0%
1 star
0%
See both customer reviews
Share your thoughts with other customers

Most Helpful Customer Reviews

6 of 6 people found the following review helpful By ERL on June 5, 2006
Format: Hardcover
This book is a actually a compilation of different academic studies, written at a graduate-level, which primarily analyzes the merits of variable annuities. It's not "light reading", unless you enjoy mathematical algorithms and tables of study findings. However, the writers all present extremely well-researched and pursuasive conclusions about the important value of variable annuities. If you have any reservations about annuities in general, you probably won't after reading this book.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
5 of 11 people found the following review helpful By A Customer on June 2, 2004
Format: Hardcover
Dramatic advances in life expectancy mean that people must plan their retirements on the assumption that they will live into their eighties, their nineties, or even beyond. Longer life expectancies are the symbol of a prosperous society, but this progress also means that some retirees will need to plan conservatively and cut back substantially on their living standards or risk living so long that they exhaust their resources. This book examines the role that life annuities can play in helping people protect themselves against such outcomes.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Set up an Amazon Giveaway

Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more
The Role of Annuity Markets in Financing Retirement
This item: The Role of Annuity Markets in Financing Retirement
Price: $35.00
Ships from and sold by Amazon.com

What Other Items Do Customers Buy After Viewing This Item?

Want to discover more products? Check out these pages to see more: accountant, credit repair, retirement planning books