Risk Shifting versus Risk Management: Investment Policy in Corporate Pension Plans
收藏NBER2007-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w13240
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资源简介:
The asset allocation of defined benefit pension plans is a setting where both risk shifting and risk management incentives are likely be present. Empirically, firms with poorly funded pension plans and weak credit ratings allocate a greater share of pension fund assets to safer securities such as
提供机构:
美国国家经济研究局
创建时间:
2007-07-01



