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Longevity risk and capital markets

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      <subfield code="a">MacMinn, Richard D.</subfield>
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      <subfield code="a">Longevity risk and capital markets</subfield>
      <subfield code="c">Richard MacMinn, Patrick Brockett and David Blake</subfield>
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      <subfield code="a">Every institution related to state pensions and corporate pensions are putting severe financial pressures on governments and companies; Fertility rates have also fallen in many countries around the world and this, in conjunction with increased longevity, has caused the inversion of some countries' age distributions and so increased the severity of the longevity risk problem for pay-as-you-go government pension plans by both reducing the tax base and extending the payout period. This issue will require other innovating tools to manage the longevity risk</subfield>
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      <subfield code="a">Longevidad</subfield>
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      <subfield code="a">Evaluación de riesgos</subfield>
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      <subfield code="0">MAPA20080568238</subfield>
      <subfield code="a">Capital social</subfield>
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      <subfield code="a">Brockett, Patrick L.</subfield>
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      <subfield code="a">Blake, David</subfield>
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      <subfield code="a">The Journal of risk and insurance</subfield>
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      <subfield code="t">The Journal of risk and insurance</subfield>
      <subfield code="d">Orlando</subfield>
      <subfield code="g">Volume 73, number 4,  December 2006 ;  p. 551-558</subfield>
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