Longevity risk and capital markets

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<title>The Journal of risk and insurance</title>
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<namePart>MacMinn, Richard D.</namePart>
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<namePart>Brockett, Patrick L.</namePart>
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<namePart>Blake, David</namePart>
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<abstract>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</abstract>
<note type="statement of responsibility">Richard MacMinn, Patrick Brockett and David Blake</note>
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<topic>Pensiones</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080555016">
<topic>Longevidad</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080601522">
<topic>Evaluación de riesgos</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080568238">
<topic>Capital social</topic>
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<title>The Journal of risk and insurance</title>
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<publisher>Orlando</publisher>
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<text>Volume 73, number 4,  December 2006 ;  p. 551-558</text>
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