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New Evidence on the Money's Worth of Individual Annuities by Olivia S. Mitchell, James M. Poterba, Mark J. Warshawsky and Jeffrey R. Brown. Published in volume 89, issue 5, pages 1299-1318 of American Economic Review, December 1999
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Olivia S. Mitchell
National Bureau of Economic Research
James M. Poterba
Dartmouth College
Mark J. Warshawsky
American Enterprise Institute
American Economic Review
Harvard University
John F. Kennedy University
Moscow Institute of Thermal Technology
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Mitchell et al. (Wed,) studied this question.
synapsesocial.com/papers/6a1d5f42cc9f7df1b70554f2 — DOI: https://doi.org/10.1257/aer.89.5.1299