Browsing by Author "Hanewald, Katja"

Now showing items 1-5 of 5

2008-04-18Buch

Beyond the business cycle

factors driving aggregate mortality rates

Hanewald, Katja

This article provides a comprehensive econometric analysis of factors driving aggregate mortality rates over time. It differs from previous studies in this field by simultaneously considering an extensive set of macroeconomic, ...
2009-01-28Buch

Mortality modeling

Lee-Carter and the macroeconomy

Hanewald, Katja

Using data for six OECD countries, this paper studies the effect of macroeconomic conditions on the mortality index kt in the well-known Lee-Carter model. Significant correlations are found with real GDP growth rates in ...
2010-07-06Buch

Sociodemographic, Economic, and Psychological Drivers of the Demand for Life Insurance

Evidence from the German Retirement Income Act

Hecht, Carolin; Hanewald, Katja

We exploit the natural experiment of the 2005 income tax reform in Germany to study the effects of tax incentives on consumer behavior in life insurance markets. Our empirical analysis of sociodemographic, economic, and ...
2009-03-17Buch

Stochastic Mortality, Macroeconomic Risks, and Life Insurer Solvency

Hanewald, Katja; Post, Thomas; Gründl, Helmut

Motivated by a recent demographic study establishing a link between macroeconomic fluctuations and the mortality index kt in the Lee-Carter model, we assess the impact of macroeconomic fluctuations on the solvency of a ...
2010-08-04Buch

Stochastic Mortality, Subjective Survival Expectations, and Individual Saving Behavior

Post, Thomas; Hanewald, Katja

Theoretical studies suggest that unexpected changes in future mortality and survival probabilities (stochastic mortality) are important determinants of individuals’ decisions about consumption, saving, asset allocation, ...