KILIÁNOVÁ, Soòa; MELICHERÈÍK, Igor; ŠEVÈOVIÈ, Daniel - In: Czech Journal of Economics and Finance (Finance a uver) 56 (2006) 11-12, pp. 506-521
Since January 2005, pensions in Slovakia are operated by a three-pillar system as proposed by the World Bank. This paper concentrates on the mandatory, fully funded second pillar. The authors present a dynamic accumulation model for determining the optimal switching strategy among pension funds...