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The recent financial crisis and the historical record suggest important lessons about the design of national pension systems. First, wide fluctuations in asset returns make it hard for well-informed savers to select a saving rate or a sensible investment strategy for defined-contribution (DC)...
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Alterssicherungspolitik stellt, erhielt in Deutschland die private kapitalgedeckte Altersvorsorge eine zunehmende Bedeutung. Diese soll nun …
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