Similar Search Results

Reparto del riesgo y costes de transición en la reforma del sistema de pensiones en Europa

Miles, David; Timmermann, Allan - In: Información comercial española / Cuadernos económicos (1998) 64, pp. 39-73

Persistent link: https://www.econbiz.de/10001528971

Variation in expected stock returns : evidence on the pricing of equities from a cross-section of UK companies

Miles, David; Timmermann, Allan - 1995

Persistent link: https://www.econbiz.de/10000913943

Risk sharing and transition costs in the reform of pension systems in Europe

Miles, David; Timmermann, Allan - In: Economic policy (1999), pp. 251-286

Persistent link: https://www.econbiz.de/10001471569

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 funded 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/10001452280