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Economy wide risk diversification in a three-pillar pension system
Du, Cai Cai; Muysken, Joan; Sleijpen, Olaf C. H. M. - 2010
Persistent link: https://www.econbiz.de/10008698008
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Economy wide risk diversification in a three-pillar pension system
Du, Cai Cai; Muysken, Joan; Sleijpen, Olaf C. H. M. - 2011
Persistent link: https://www.econbiz.de/10008903820
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Lessons from the financial crisis : funded pension funds should invest conservatively
Du, Cai Cai; Muysken, Joan; Sleijpen, Olaf C. H. M. - 2011
Persistent link: https://www.econbiz.de/10008856953
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Economy Wide Risk Diversification in a Three-Pillar Pension System
Du, Cai Cai - 2011
We model a three-pillar pension system and analyse in this context the impact of exogenous shocks on an open economy, using an overlapping generations model where individuals live for two periods. The three-pillar pension system consists of (1) a PAYG pension system, (2) a defined benefit...
Persistent link: https://www.econbiz.de/10013119067