Advanced Search
MyIDEAS: Login

Movilidad en la Cartera de Cotizantes por AFP: La Importancia de ser Primero en Rentabilidad

Contents:

Author Info

  • Rodrigo Cerda

    ()
    (Instituto de Economía. Pontificia Universidad Católica de Chile.)

Abstract

Este trabajo reexamina el tema de los movimientos de afiliados entre AFPs poniendo especial énfasis en el impacto del ranking de rentabilidad sobre la tasa de salida de cotizantes por cartera de AFPs. La idea de incluir esta variable es que el manejo de esta información por parte de los afiliados parece ser menos compleja que el manejo de información de la tasas de rentabilidades efectivas, y por lo tanto los afiliados pueden tomar decisiones más fácilmente basados en ella. En el trabajo se utilizan dos medidas de tasa de salida de cotizantes por AFP. La primera de ellas es la definición tradicional (número de cotizantes que abandonan la cartera sobre el número de cotizantes en la cartera), mientras que la segunda mide la tasa de salida normalizada por la tasa de salida en el sistema. Esta última medida permite eliminar efectos de posibles variables omitidas que tengan un alto componente común entre AFPs, como es típicamente el caso de esfuerzos de ventas.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.economia.puc.cl/docs/dt_309.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Instituto de Economia. Pontificia Universidad Católica de Chile. in its series Documentos de Trabajo with number 309.

as in new window
Length:
Date of creation: 2006
Date of revision:
Handle: RePEc:ioe:doctra:309

Contact details of provider:
Postal: Avda. Vicuña Mackenna 4860, Macul, Santiago
Phone: (562) 354-4303
Fax: (562) 553-1664
Email:
Web page: http://www.economia.puc.cl
More information through EDIRC

Related research

Keywords: Rentabilidad; fondo de pensiones; movimientos de afiliados entre AFPs; Heterogeneidad entre empresas;

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Eduardo Walker, 2008. "Assessing Alternative Institutional Designs For Investment Regulation In Defined Contribution Pension Funds," Abante, Escuela de Administracion. Pontificia Universidad Católica de Chile., vol. 11(2), pages 121-152.
  2. Moisés J. Schwartz & Enrique E. Domínguez & Roberto Calderón-Colín, 2008. "Consumer Confusion," IMF Working Papers 08/177, International Monetary Fund.
  3. Solange Berstein & Carolina Cabrita, 2006. "Los Determinantes de la Elección de AFP en Chile: Nueva Evidencia a Partir de Datos Individuales," Working Papers 19, Superintendencia de Pensiones, revised Jul 2007.
  4. David Bravo Urrutia & Olivia S. Mitchell & Petra Todd, 2007. "Learning from the Chilean Experience: The Determinants of Pension Switching," Working Papers wp266, University of Chile, Department of Economics.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ioe:doctra:309. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jaime Casassus).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.