Developing Annuities Markets: The Experience of Chile

by Roberto Rezende Rocha and Craig Thorburn

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This book provides a detailed analysis of Chile's experience in developing the market for retirement products, including life annuities and phased withdrawals. It explores the availability of large individual and company-level datasets, to examine statistically the determinants of performance of Chile's annuity markets, such as money's worth ratios and the annuity rate. It shows that Chile was able to develop an efficient market for retirement products, and identifies important policy lessons for other reforming countries.
  • ISBN10 0821366661
  • ISBN13 9780821366660
  • Publish Date 1 October 2006
  • Publish Status Active
  • Out of Print 18 October 2016
  • Publish Country US
  • Imprint World Bank Publications
  • Format Paperback
  • Pages 288
  • Language English