Mandatory Annuitisation, Wealth Transfer and Utility Enhancing Policy: Singapore’s CPF Life Scheme
We estimate the wealth elasticity of longevity in Singapore and discuss its implication for the CPF Life policy in Singapore. Using data from 220 obituaries in 1989 and controlling for the trend of improved longevity over the century, we found a statistically significant wealth elasticity of longevi...
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| Format: | Journal Article |
| Language: | English |
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2017
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| Online Access: | https://hdl.handle.net/10356/83713 http://hdl.handle.net/10220/42810 |