MacDonald, Bonnie-Jeanne; Cairns, Andrew - In: The journal of risk and insurance : the journal of the … 76 (2009) 2, pp. 385-417
With the growth of private and public defined contribution (DC) pension plans around the world, market rates of return should increasingly play a large role in the retirement patterns of individuals. The reverse could, however, also be true - i.e., a country's population demographics could...