Pension Fund Economics and Finance: Efficiency, Investments and Risk-Taking (Routledge International Studies in Money and Banking) - Image 1

Price loading...

Routledge Pension Fund Economics and Finance: Efficiency, Investments and Risk-Taking (Routledge International Studies in Money and Banking)

Name: Pension Fund Economics and Finance: Efficiency, Investments and Risk-Taking (Routledge International Studies in Money and Banking)
Brand: Routledge

Anthropology & Sociology

Price History & Forecast

No Price Data Available

Price history will appear here once data is collected from Amazon.

Price Distribution

No price data available for histogram

Description

Pension fund benefits are crucial for pensioners’ welfare and pension fund savings have accumulated to huge amounts, covering a major part of world-wide institutional investments. However, the literature on pension fund economics and finance is rather limited, caused, in part, to limited data availability. This book contributes to this literature and focuses on three important areas. The first is pension fund (in)efficiency, which has a huge impact on final benefits, particularly when annual spoilage accumulates over a lifetime. Scale economies, pension plans complexity and alternative pension saving plans are important issues. The second area is investment behavior and risk-taking. A key question refers to the allocation of investments over high risk/high return and relatively safe assets. Bikker investigates whether pension funds follow the life-cycle hypothesis: more risk and return for pension funds with young participants. Many pension funds are rather limited in size, which may raise the question how financially sophisticated the pension fund decision makers are: rather professionals or closer to unskilled private persons? The third field concerns two regulation issues. How do pension fund respond to shocks such as unexpected investment returns or changes in life expectancy? What are the welfare implications to the beneficiary for different methods of securing pension funding: solvency requirements, a pension guarantee fund, or sponsor support? This groundbreaking book will challenge the way pension fund economics is thought about and practiced.

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 1138656801
Category: Books > Subjects > Biography > Medical, Legal & Social Sciences > Anthropology & Sociology
Domain: Amazon UK
Release Date: 30 November 2017
Listed Since: 07 July 2016

Barcode

No barcode data available

Routledge Pension Fund Economics and Finance: Efficiency, Investments and Risk-Taking (Routledge International Studies in Money and Banking)

Price History & Forecast

No Price Data Available

Price Distribution

Description

Product Specifications

Barcode

Similar Products You Might Like

Pension Fund Risk Management: Financial and Actuarial Modeling (Chapman & Hall/CRC Finance Series)

Pension Fund Risk Management: Financial and Actuarial Modeling (Chapman & Hall/CRC Finance Series)

Pension Economics

Finance and Occupational Pensions: Theories and International Evidence

Economic Challenges of Pension Systems: A Sustainability and International Management Perspective

Reforming Pensions in Europe: Evolution of Pension Financing and Sources of Retirement Income

Innovations in Pension Fund Management

Pensions and Pension Funding (4 vols) (Critical Perspectives on the World Economy)

Pension Economics

Routledge - The Political Economy of Pension Financialisation

Social Security Reform: Financial and Political Issues in International Perspective

Public Pensions and Economic Growth

Financial Sustainability of Pension Systems: Empirical Evidence from Central and Eastern European Countries: 52 (Financial and Monetary Policy Studies, 52)

State and Local Pension Fund Management: 147 (Public Administration and Public Policy)

Pensions: Backgrounds, Trends & Issues (Retirement Issues, Plans and Lifestyles)

Pension Reform in Europe: Politics, Policies and Outcomes (Routledgeeui Studies in the Po) (Routledge Studies in the Political Economy of the Welfare State)

Research Handbook on International Banking and Governance

Transformation of Social Security: Pensions in Central-Eastern Europe (Contributions to Economics)

The Future of Public Employee Retirement Systems (Pensions Research Council)

Pension Systems: Beyond Mandatory Retirement

Pensions: More Information, Less Ideology: Assessing the Long-Term Sustainability of European Pension Systems: Data Requirements, Analysis and Evaluations

Financial Risk Management for Pension Plans (0)

Ageing and Pension Reform Around the World: Evidence from Eleven Countries

Pension Funds: Retirement-Income Security and Capital Market: An International Perspective