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Funded and unfunded pension schemes : risk, return and welfare
Miles, David - 2000
This paper uses stochastic simulations on calibrated models to assess the optimal degree of reliance on fun ded pensions and on a particular type of unfunded (PAYG) pension. Surprisingly little is known about the optimal split between funded and unfunded systems when there are sources of...
Persistent link: https://www.econbiz.de/10009781509
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Uncertain incomes, pay-as-you-go systems, and diversification
Hauenschild, Nils - In: Zeitschrift für Wirtschafts- und Sozialwissenschaften … 119 (1999) 4, pp. 491-507
Persistent link: https://www.econbiz.de/10001473477
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Optimal risk-sharing in pension funds when stock and labor markets are co-integrated
Boelaars, Ilja; Mehlkopf, Roel - 2018
Persistent link: https://www.econbiz.de/10011856197
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Should monetary policy be different in a greyer world?
Miles, David - In: Ageing, financial markets and monetary policy, (pp. 241-276). 2002
Persistent link: https://www.econbiz.de/10001677668
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The optimal mix between funded and unfunded pensions systems when people care about relative consumption
Knell, Markus - 2008
Persistent link: https://www.econbiz.de/10003765636
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The optimal mix between funded and unfunded pension systems when people care about relative consumption
Knell, Markus - In: Economica 77 (2010) 308, pp. 710-733
Persistent link: https://www.econbiz.de/10008748133
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Impact of pension system structure on international financial capital allocation
Staveley-O'Carroll, James; Staveley-O'Carroll, Olena M. - 2016
Persistent link: https://www.econbiz.de/10011457445
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Pensions as a portfolio problem: fixed contribution rates vs. fixed replacement rates reconsidered
Wagener, Andreas - In: Journal of population economics 16 (2003) 1, pp. 111-134
Persistent link: https://www.econbiz.de/10001728105
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Finanztheoretische Analyse der Alterssicherung
Schacht, Ulrich - 2001
Persistent link: https://www.econbiz.de/10001585953
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Finanztheoretische Analyse der Alterssicherung
Schacht, Ulrich - 2001
Persistent link: https://www.econbiz.de/10012699215