Raimond H. Maurer
Professor and Chair of Investment, Portfolio Management and Pension Finance
Prof. Dr. Raimond Maurer currently holds the Chair of Investment, Portfolio Management and Pension Finance at the Finance Department of the Goethe University Frankfurt. His main research interests focus on asset management, insurance, life-time portfolio choice, and pension finance. He received his habilitation, dissertation, as well as diploma in business administration from Mannheim University and has previous working experience in the areas of pensions, insurance, asset management, policy and industry consulting (e.g. EZB, FED, Union Investment, EFAMA, Metzler-Investment) in the field of asset management, insurance and pensions. Dr. Maurer holds several professional positions like at the Member of the Supervisory Board of Union Real Estate Investment, Society of Actuaries (academic chairman of AFIR group), the Association of Certified International Investment Analysts (academic director member of the International Examination Committee), and the Pension Research Council at the Wharton School of the University of Pennsylvania (member of advisory board). Dr. Maurer has published five books and more than forty refereed journal articles, including the Insurance: Mathematics and Economics, Financial Analysts Journal, Journal of Portfolio Management, Journal of Risk & Insurance, Journal of Banking & Finance, or Journal of Economic Dynamics & Control.
Projects
- UM19-12: How Would 401(k) Rothification Influence Consumption, Saving, and Social Security Claiming Behavior?
- UM16-14: Time Discounting and Economic Decisionmaking Among the Elderly
- UM16-05: Older People’s Willingness to Delay Social Security Claiming
- UM13-Q3: Optimal Retirement Plan Design: Variable Annuities with Lifetime Income Guarantees and Investment Downside Protection
- UM14-02: Americans’ Willingness to Voluntarily Delay Retirement
- UM13-12: How Family Status Influences Work and Retirement, Saving and Dissaving, Insurance Demand and Portfolio Choice over the Life Cycle
- UM12-08: Trading Off Delayed Social Security Benefits for a Lump-Sum: Impacts on Work and Retirement Behavior, Saving, and Well-Being
- UM11-11: The Impact of the Financial Crisis on Asset Allocation, Annuity Demand, Work Effort, and Retirement Behavior over the Life Cycle
- UM09-12: Market-based Guarantees in Investment-linked Decumulation Pension Programs: Pricing, Risk Management, and Financial Well-being for Retirees
- UM08-24: The Impact of Social Security Benefits on Household Life Cycle Asset Allocation and Asset Location
- UM07-17: The Role of Fixed and Variable Annuities in Life-Cycle Asset Allocation
- UM06-11: Designing Optimal Pension Payouts Using Life Annuities and Phased Withdrawals: A Portfolio Approach
- UM04-12: Self-Annuitization in Personal Accounts: Perspectives from the German Experience
Publications
- How Would 401(k) ‘Rothification’ Alter Saving, Retirement Security, and Inequality? (Research Brief)
- How Would 401(k) ‘Rothification’ Alter Saving, Retirement Security, and Inequality? (Working Paper)
- Life-cycle Asset Allocation with Annuity Markets: Is Longevity Insurance a Good Deal? (2007 RRC)
- Older People's Willingness to Delay Social Security Claiming (Research Brief)
- Older People’s Willingness to Delay Social Security Claiming (Working Paper)
- Time Discounting and Economic Decision-making among the Elderly (Research Brief)
- Time Discounting and Economic Decision-making among the Elderly (Working Paper)
- Americans’ Willingness to Voluntarily Delay Retirement (Conference Paper)
- Americans’ Willingness to Voluntarily Delay Retirement (Research Brief)
- Will They Take the Money and Work? An Empirical Analysis of People’s Willingness to Delay Claiming Social Security Benefits for a Lump Sum (Working Paper)
- How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios (Research Brief)
- How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios (Working Paper)
- Technical Review Panel for the Pension Insurance Modeling System (PIMS) (Working Paper)
- Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection (Research Brief)
- Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection (Working Paper)
- Exchanging Delayed Social Security Benefits for Lump Sums: Could This Incentivize Longer Work Careers? (Research Brief)
- Integrating Flexible Work, Endogenous Retirement, and Portfolio Decision with Guaranteed Lifetime Pension Payouts (Research Brief)
- Exchanging Delayed Social Security Benefits for Lump Sums: Could This Incentivize Longer Work Careers? (Working Paper)
- Lifecycle Impacts of the Financial and Economic Crisis on Household Optimal Consumption, Portfolio Choice, and Labor Supply (Research Brief)
- Lifecycle Impacts of the Financial and Economic Crisis on Household Optimal Consumption, Portfolio Choice, and Labor Supply (Conference Paper)
- Lifecycle Impacts of the Financial and Economic Crisis on Household Optimal Consumption, Portfolio Choice, and Labor Supply (Working Paper)
- Mortality Contingent Claims: Impact of Capital Market, Income, and Interest Rate Risk (Research Brief)
- Mortality Contingent Claims: Impact of Capital Market, Income, and Interest Rate Risk (Working Paper)
- Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts (Working Paper)
- Deferred Annuities and Strategic Asset Allocation (Research Brief)
- Asset Allocation and Location over the Lifecycle with Survival-Contingent Payouts (Research Brief)
- Asset Allocation and Location over the Life Cycle with Survival-Contingent Payouts (Working Paper)
- Deferred Annuities and Strategic Asset Allocation (Working Paper)
- Life-cycle Asset Allocation with Annuity Markets: Is Longevity Insurance a Good Deal? (Conference Paper)
- Money in Motion: Dynamic Portfolio Choice in Retirement (Working Paper)
- Life-Cycle Asset Allocation with Annuity Markets: Is Longevity Insurance a Good Deal? (Working Paper)
- Optimizing the Retirement Decision: Asset Allocation, Annuitization, and Risk Aversion (Working Paper)
- Betting on Death and Capital Markets in Retirement: A Shortfall Risk Analysis of Life Annuities versus Phased Withdrawal Plans (Research Brief)
- Betting on Death and Capital Markets in Retirement: A Shortfall Risk Analysis of Life Annuities versus Phased Withdrawal Plans (Working Paper)
Researchers by Institution
- AARP
- Abt Associates
- American University
- Arizona State University
- Australian National University
- Bocconi University
- Boston University
- Brookings Institute
- Brown University
- California State University
- Carleton University
- Carnegie Mellon University
- Center for Retirement Research at Boston College
- Charles R. Drew University of Medicine and Science
- City College of New York (CUNY)
- City University of New York
- Claremont Graduate University
- Columbia University
- Concordia University-Canada
- Copenhagen Business School
- Cornell University
- Dartmouth College
- Duke University
- European Commission
- Federal Reserve Bank of Minneanapolis
- Federal Reserve Bank of Philadelphia
- Federal Reserve Bank-Richmond
- Federal Reserve Bank-San Francisco
- Federal Reserve Board
- Florida Agricultural and Mechanical University
- Florida State University
- George Washington University
- Georgetown University
- Goethe University
- Harvard University
- HEC Montréal
- Imperial College London
- Institute for Fiscal Studies
- Ithaca College
- Johns Hopkins University
- Kyoto University
- Louisiana State University
- Massachusetts Institute of Technology
- Mathematica Policy Research
- Max Planck Institute
- Michigan State University
- National Institute on Aging
- National University of Singapore
- New School of Social Research
- New York University
- Occidental College
- Ohio State University
- Organisation for Economic Co-operation and Development
- Other
- Pennsylvania State University
- Princeton
- Purdue University
- RAND Corporation
- Social Security Administration
- Southern University and A&M College
- Stanford University
- SUNY-Buffalo
- SUNY-Stony Brook
- Syracuse University
- Texas A&M University
- Texas Tech University
- The College of William & Mary
- Tilburg University
- U.S. Census Bureau
- Universidad de Chile
- University College London
- University of Alabama
- University of Arkansas
- University of Bristol
- University of California-Berkeley
- University of California-Davis
- University of California-Irvine
- University of California-Los Angeles
- University of California-San Diego
- University of Cambridge
- University of Chicago
- University of Colorado at Boulder
- University of Colorado Denver
- University of Essex
- University of Frankfort
- University of Illinois-Urbana-Champaign
- University of Michigan
- University of Minnesota
- University of Nebraska-Lincoln
- University of New Hampshire Institute on Disability
- University of New South Wales
- University of Notre Dame
- University of Oregon
- University of Pennsylvania
- University of Pittsburgh
- University of Southern California
- University of Texas
- University of Victoria
- University of Virginia
- University of Washington
- University of Wisconsin – Madison
- Urban Institute
- Vanderbilt University
- Washington University in St. Louis
- Wayne State University
- Wellesley College
- Williams College
- Yale University