Working Paper
The Annuitization of Americans' Resources: A Cohort Analysis
An analysis of the changes since 1960 in the share of Americans’ resources that are annuitized, which has declined slightly for younger Americans but has risen dramatically for the elderly, with important implications for the national saving rate and income inequality.
Suggested Citation
Auerbach, Alan, Jagadeesh Gokhale, Laurence Kotlikoff, John Sabelhaus, and David Weil. 1994. “The Annuitization of Americans' Resources: A Cohort Analysis.” Federal Reserve Bank of Cleveland, Working Paper No. 94-13. https://doi.org/10.26509/frbc-wp-199413
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