Portfolio Investment in an Intertemporal Setting: Assessment of the Literature and Policy Implications for Latin American Pension Systems
收藏数据链接：
官方服务：
资源简介：
Several countries around the globe have established mandatory pension systems based on personal savings accounts. In contrast to the pay-as-you-go (PAYG) financed pensions that these new systems have partly replaced, retirement benefits are the outcome of an investment process. As a result, the choice of investment instruments and the timing of...
