How Long to Read An Empirical Analysis of the Annuity Rate in Chile

How Long Does it Take to Read An Empirical Analysis of the Annuity Rate in Chile?

It takes the average reader and 30 minutes to read An Empirical Analysis of the Annuity Rate in Chile by Roberto Rezende Rocha

Assuming a reading speed of 250 words per minute. Learn more

Description

"Empirical analyses of annuities markets have been limited to a few industrial countries and restricted by data limitations. Chile provides excellent conditions for research on annuities because of the depth of its market and the availability of data. The authors use a panel of life insurance company data to examine econometrically the main determinants of the annuity rate, defined as the internal rate of return on annuities. The results indicate that the annuity rate is determined by the risk-free interest rate, the share of privately-issued higher yield securities in the portfolio of providers as a proxy for the spread over the risk-free rate, the leverage of providers, the level of broker's commissions, the market share of individual providers, the level of the premium, and the degree of market competition. The results also show that efforts to improve market transparency produced structural shifts in the parameters of the annuity rate equation. The results are consistent with separate research on money's worth ratios, and indicate the need to develop appropriate financial instruments, allowing providers to hedge their risks while extracting higher returns, and also to ensure competition and transparency in annuities markets, in order to ensure good outcomes for annuitants. "--World Bank web site.

How long is An Empirical Analysis of the Annuity Rate in Chile?

An Empirical Analysis of the Annuity Rate in Chile by Roberto Rezende Rocha is 30 pages long, and a total of 7,500 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read An Empirical Analysis of the Annuity Rate in Chile Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read An Empirical Analysis of the Annuity Rate in Chile aloud.

What Reading Level is An Empirical Analysis of the Annuity Rate in Chile?

An Empirical Analysis of the Annuity Rate in Chile is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy An Empirical Analysis of the Annuity Rate in Chile?

An Empirical Analysis of the Annuity Rate in Chile by Roberto Rezende Rocha is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy An Empirical Analysis of the Annuity Rate in Chile by Roberto Rezende Rocha on Amazon click the button below.