PEER-REVIEWED JOURNAL ARTICLES
BOOK CHAPTERS
OTHER
WORKING PAPERS:
WORK IN PROGRESS
- Alonso-García, J., Sherris, M, Thirurajah, S. & Ziveyi, J. (2024) Taxation and Policyholder Behavior: The Case of Guaranteed Minimum Accumulation Benefits. ASTIN Bulletin. Also circulated as Incorporating taxation in the valuation of variable annuity con-tracts: the case of the guaranteed minimum accumulation benefit. WP version
- Xu, M., Alonso-García, J., Sherris, M. & Shao, A. W. (2023) Insuring longevity risk and long-term care: Bequest, housing and liquidity. Insurance: Mathematics & Economics Volume 111, July 2023, Pages 121-141. Winner of the ICA 2018 International Actuarial Association Health Section (IAAHS) Section Best Paper Award. Also circulated as Demand For Annuities and Long Term Care Insurance with Recursive Utility: Impact of Housing and Housing, Long-Term Care Insurance, and Annuities with Recursive Utility. WP version
- de Mol van Otterloo, S., Alonso-García, J. (2022) A multi-state model for sick leave and its impact on partial early retirement incentives: the case of the Netherlands. Scandinavian Actuarial Journal Volume 2023, 2023 - Issue 3. WP version
- Alonso-García, J., Bateman, H., Bonekamp, J., van Soest, A. & Stevens, R. (2022) Saving Preferences after Retirement. Journal of Economic Behavior and Organization 198, pp.409-433. ICA 2018 Best Paper Award in Aspects of Long-Term Savings: Uncertainty in Low Real Returns, Longevity and Inflation. Also circulated as A Cross Country Study of Saving and Spending in Retirement, Saving Preferences in Retirement: The Impact of Pension Policy Design and Health Status and Saving Preferences in Retirement: The Impact of Mandatory Annuitization, Flexibility and Health Status. WP version
- Zittersteyn, G., Alonso-García, J. (2021) Common Factor Cause-Specific Mortality Model. Risks 2021, 9(12), 221 (Open access). WP version
- Jijiie, A., Alonso-García, J., & Arnold (-Gaille) (2021) Mortality by socio-economic class and its impact on the retirement schemes: How to render the systems fairer?. European Actuarial Journal (Open access). Also circulated as When to retire? Optimizing retirement age when socio-economic differences are considered WP version
- Alonso-García, J., Rosado-Cebrián, B. (2021) Financial crisis and pension reform in Spain: the effect of labour market dynamics. Journal of Economic Policy Reform Volume 24, 2021 - Issue 2 (Open access). WP version
- Alonso-García, J., Bateman, H., Bonekamp, J. & Stevens, R. (2021) Spending from regulated retirement drawdowns: The role of implied endorsement. Scandinavian Journal of Economics 123(3), 810–847. Also circulated as Retirement drawdown defaults: the role of implied endorsement. WP version
- Alonso-García, J., & Devolder, P. (2019) Continuous time model for notional defined contribution pension schemes: liquidity and solvency. Insurance: Mathematics & Economics, 88, pp. 57-76. Also circulated as Liquidity and solvency in pay-as-you-go defined contribution pension schemes: a continuous OLG sustainability framework WP version
- Alonso-García, J., Sherris, M. (2019) One Size Fits All? Drawdown Structures in Australia and the Netherlands. The Journal of the Economics of Ageing, 13, pp. 14-27. Discussion by Lee Lockwood. WP version
- Alonso-García, J., Boado-Penas, M. D. C., Devolder, P. (2018). Adequacy, Fairness and Sustainability of Pay-as-you-go Pension Systems: Defined Benefit versus Defined Contribution. European Journal of Finance 24:13, pp. 1100-1122. WP version
- Alonso-García, J., Wood, O., Ziveyi, J. (2018). Pricing and hedging guaranteed minimum withdrawal benefits under a general Lévy framework using the COS method. Quantitative Finance 18 (6), pp 1049-1075 . WP version
- Alonso-García, J., Boado-Penas, M. D. C., Devolder, P. (2018) Automatic balancing mechanisms for Notional Defined Contributoin Accounts in the presence of uncertainty. Scandinavian Actuarial Journal 2018 (2), pp. 85-108. WP version
- Alonso-García, J., Devolder, P. (2016). Guarantee valuation in Notional Defined Contribution Pension systems. ASTIN Bulletin: The Journal of the IAA 46 (3), pp. 677-707. WP version
- Alonso-García, J., Devolder, P. (2016). Optimal mix between pay-as-you-go and funding for DC pension schemes in an overlapping generations model. Insurance: Mathematics and Economics, 70, 224-236. WP version
BOOK CHAPTERS
- Holzmann, R., Alonso-García, J., Labit-Hardy, H. & Villegas, A. (2020) NDC schemes and heterogeneity in longevity: proposals for redesign. In: Holzmann R, Palmer E, Palacios R, Sacchi S (eds) Progress and challenges of nonfinancial defined pension schemes –volume 1: Addressing marginalization, polarization, and the labor market. The World Bank, Washington DC. Winner of the IAA Section Colloquium 2019 Pensions, Benefits and Social Security Section (PBSS) Section Best Paper Award. WP version
- Alonso-García J. (2019) Pension Systems. In: Gu D., Dupre M. (eds) Encyclopedia of Gerontology and Population Aging. Springer, Cham. WP version
OTHER
- Alonso-García, J. (2022). AAS Thematic issue: “Mortality: From Lee–Carter to AI”. Annals of Actuarial Science, 1-3.
WORKING PAPERS:
- Bateman, H., Stevens, R., Alonso-García, J. & Ponds, E. (2018) Learning to Value Annuities: The Role of Information and Engagement CEPAR Working Paper 2018/17
WORK IN PROGRESS
- "Guaranteeing the unsustainable: A framework for mixed pension schemes": with Maria del Carmen Boado-Penas (Heriot-Watt University, United Kingdom), and Julia Eisenberg (TU Wien, Austria)
- "A hybrid variable annuity contract embedded with living and death benefit riders": with Samuel Thirurajah (KPMG, Sydney) and Jonathan Ziveyi (UNSW Sydney)
- "Behavioral economics and the bequest motive in presence of illiquid savings": with Hazel Bateman (UNSW Sydney) and Ralph Stevens (CPB, The Netherlands)
- "Utility indifference pricing of a coupon-yielding bond": with Qihe Tang (UNSW Sydney)