Venice Summer Institute

CESifo Economic Studies

Venice Summer Institute

Workshop on
"Longevity and Annuitization"

Venice International University,

San Servolo, 16 - 17 July 2007

	Programme
	Monday, 16 July 2007
09:30 - 09:45	Welcome Address
	Keynote Lecture Chair: Pierre Pestieau
09:45 - 10:45	Innovations in Annuities Eytan Sheshinski
10:45 - 11:10	Coffee Break
	Session I Chair: Firouz Gahvari
11:10 - 12:00	How Deep is the Annuity Market Participation Puzzle? Joachim Inkmann, Paula Lopes and Alexander Michaelides Discussant: Pierre Pestieau
12:00 - 13:15	Lunch
	Session II Chair: Eytan Sheshinski
13:15 - 14:05	Flexible Life Annuities Alexis Direr Discussant: Joachim Inkmann
14:05 - 14:55	Non-exclusivity and Adverse Selection: An Application to the Annuity Market Gwenaël Piaser and Agar Brugiavini Discussant: Alexis Direr
14:55 - 15:45	Annuity Demand when Survival Probabilities are Ambiguous Hippolyte d'Albis and Emmanuel Thibault Discussant: Firouz Gahvari
15:45 - 16:15	Coffee Break
	Session III Chair: Monika Bütler
16:15– 17:05	The Design of Pension Pay Out Options when the Health Status During Retirement is Uncertain Mathias Kifmann Discussant: Jean-Marie Lozachmeur
17:05 - 18:00	The Political Economy of Social Security under Differential Mortality and Voluntary Retirement Marie-Louise Leroux Discussant: Paul Lopes
20:00	Conference Dinner
	Tuesday, 17 July 2007
	Keynote Lecture Chair: Helmuth Cremer
09:00 - 10:00	Savings and Portfolio Choice under Uncertain Lifetime Antoine Bommier
10:00 - 10:15	Coffe Break
	Session IV Chair: Antoinne Bommier
10:15 - 11:05	Health Longevity, Rectangularization and Lifestyles Transmission Gregory Ponthière Discussant: Philippe De Donder
11:05 - 12:00	Lump-sum or Annuity: Results from a Policy Experiment Monika Bütler and Stefan Staubli Discussant: Gregory Ponthière
12:00 - 13:15	Lunch
	Session V Chair: Philippe De Donder
13:15 - 14:05	Pensions, Education and Life Expectancy Thomas Lange, Michael Gorski and Tim Krieger Discussant: Monika Bütler
14:05 - 15:00	Morbidity, Morality, Health Expenditures and Annuitization Jie Zhang Discussant: Emmanuel Thibault

Venice Summer Institute Workshop on "Longevity and Annuitization"

Venice International University, San Servolo, 16 - 17 July 2007

Programme

Keynote Lecture Chair: Pierre Pestieau

Session I Chair: Firouz Gahvari

Session II Chair: Eytan Sheshinski

Session III Chair: Monika Bütler

Tuesday, 17 July 2007

Keynote Lecture Chair: Helmuth Cremer

Session IV Chair: Antoinne Bommier

Session V Chair: Philippe De Donder

Venice Summer Institute

Workshop on
"Longevity and Annuitization"

Venice International University,

San Servolo, 16 - 17 July 2007

Keynote Lecture
Chair: Pierre Pestieau

Session I
Chair: Firouz Gahvari

Session II
Chair: Eytan Sheshinski

Session III
Chair: Monika Bütler

Keynote Lecture
Chair: Helmuth Cremer

Session IV
Chair: Antoinne Bommier

Session V
Chair: Philippe De Donder